Construction and assembly operations under BAM and Transsib modernization to commence this summer, Vladimir Putin says
Construction and assembly operations on modernization of Baikal-Amur Mainline (BAM) and Trans-Siberian Railway (Transsib) will commence this in summer 2014, RF President Vladimir Putin said at the plenary session of the St Petersburg International Economic Forum.
Experts say implementation of the project on BAM and Transsib modernization will let almost double the volume of natural resources transported from the major eastern fields. As of today it totals 58 mln t per year. Some $16.5 bln will be allocated for the project implementation.