All news

Russian Railways investment program to hit record-breaking $17.4 bln in 2023 — PM

It is also noted that additional capitalization of $3.58 bln for Russian Railways from the National Wealth Fund by the 2022 is planned to be provided

MOSCOW, November 10. /TASS/. Russian Prime Minister Mikhail Mishustin announced a record-breaking volume of the Russian Railways investment program, which will exceed 1 trillion rubles ($17.4 bln)

"Today we will discuss the investment program and financial plan of Russian Railways for the next year. The planned total volume of the investment program is record in size, it will amount to over 1 trillion 70 bln rubles," he said at a government meeting.

At the same time, Russian Transport Minister Vitaly Saveliev added that it is planned to provide additional capitalization of 217 bln rubles ($3.58 bln) for Russian Railways from the National Wealth Fund by the 2022.