Six powers ready to cooperate with Iran in peaceful use of nuclear energy — diplomatRussian Politics & Diplomacy April 25, 23:40
Confederations Cup: Russia vs Portugal match sold out, says FIFA secretary generalSport April 25, 21:20
Russian diplomat suggests UN should develop strategy to fight fake newsRussian Politics & Diplomacy April 25, 20:16
Putin backs creation of system to promote Russian goods on domestic marketBusiness & Economy April 25, 19:15
OSCE concerned over Russia’s declaring Jehovah’s Witnesses extremist organizationWorld April 25, 19:00
Russia to complete import substitution program for helicopter engines by 2019Military & Defense April 25, 18:39
Government is not going to reject floating ruble rate, Putin saysBusiness & Economy April 25, 18:10
Russian Navy rids itself of dependence on Ukrainian enginesMilitary & Defense April 25, 17:55
Ukraine's refusal to continue military cooperation prompts Russia to create new industriesMilitary & Defense April 25, 17:50
MOSCOW, May 05, 2:40 /ITAR-TASS/. A Chinese state-run building company and a private-owned investment fund may be invited to participate in constructing a transport corridor to Crimea across Kerch Strait while part of investments in the $1.2-3 billion project will be made in yuan, the newspaper Kommersant writes on Monday referring to sources close to the Russian Ministry of Transport and the Avtodor the state-run "Russian Automobile Roads" Company.
According to the newspaper, companies from the People's Republic of China will be the first foreign investors in the economy of Crimea following the latter's re-unification with Russia. The Transport Ministry is already preparing to conclude a memorandum with Chinese companies on the construction of the transport corridor (across the Kerch Strait) which will link Russia's Krasnodar Territory and Crimea.
An engineering design model has not been approved yet. The possibility of building an automobile-and-railway bridge or a bridge and an underwater tunnel is under consideration, in particular. The Transport Ministry is analysing how exactly the diagram will be implemented, whereas final decisions on parties to the project will be made after certainty emerges as to how precisely the transport corridor will be built, the newspaper's sources point out.