• 2017 March 9

    Oleg Belozerov, CEO, Russian Railways

    On construction of access roads to seaports and on cargo transportation

    - As far as the investment programme is concerned, all key projects are proceeding according to schedule. This includes modernisation of the Baikal-Amur Mainline and the Trans-Siberian Railway, access roads to the ports in the Azov Sea and the Black Sea, and the construction of the Zhuravka-Chertkovo-Bataisk railway.

    As of January 1, 2017, we performed over 233 billion rubles worth of works at the Baikal-Amur Mainline and the Trans-Siberian Railway. This year we will cross the halfway line of the project.

    However, the main result of the previous year is that we again managed to save over 8 billion rubles on special assessment of our design solutions. I reported the same result for 2015. This means we have already saved over 16 billion rubles.

    Regarding access roads to the ports of the Azov and Black Seas, work continues as scheduled. As of January 1, 2017, we completed a work scope worth 35 billion rubles. Thus, the major part of the project will be finished by 2019.

    Now for the Moscow-Adler railway bypassing Ukraine. As of the beginning of the year, we performed more than 25 billion rubles worth of work. We plan to finish the project this autumn, which is one year ahead of schedule.

    January was quite an unusual month. The cargo amounts have increased by over 6.5 percent. However, most importantly, the freight rate has grown by over 11 percent.

    Our exports have increased by over 12 percent. Transit activity is recovering quite intensively at over 30 percent, while large-tonnage container transportation has increased by over 33 percent.

    Transcript from the working meeting with RF President Vladimir Putin.