Russian Railways OJSC investments will total 6.1 billion rubles this year in the project "Complex Reconstruction of the Mga - Gatchina - Weimar - Ivangorod and rail approach lines to ports on the southern shore of the Finland Gulf”, the RZD press service said.
The Company projected to launch the second lines on the Gatchina-Voyskovitsy, Voyskovitsy-Elizavetino railroad haul, Voyskovitsy and Weimar stations, Novolisino, Gatchina, Mga railroad substation, and Luzhskaya second phase of oil station.
In 2005-2009 the RZD Company invested over 20.5 billion rubles (VAT excluded). RZD has allocated for 2010-2012 some 20.9 billion rubles (excluding VAT) to spend for the project.
The Russian Railways authorities say they invest in the long-term project (2005-2020) to boost trade between Russia and EU countries via the sea port of Ust-Luga, ensuring freight traffic to the port. The company experts forecast 58 million tons of cargoes to be shipped via Ust-Luga port in 2015.
The total project cost, including the development of approach lines from the Mha station to the port of Ust-Luga (with the construction of Luga station) has been estimated at some 100 billion rubles.
The Company projected to launch the second lines on the Gatchina-Voyskovitsy, Voyskovitsy-Elizavetino railroad haul, Voyskovitsy and Weimar stations, Novolisino, Gatchina, Mga railroad substation, and Luzhskaya second phase of oil station.
In 2005-2009 the RZD Company invested over 20.5 billion rubles (VAT excluded). RZD has allocated for 2010-2012 some 20.9 billion rubles (excluding VAT) to spend for the project.
The Russian Railways authorities say they invest in the long-term project (2005-2020) to boost trade between Russia and EU countries via the sea port of Ust-Luga, ensuring freight traffic to the port. The company experts forecast 58 million tons of cargoes to be shipped via Ust-Luga port in 2015.
The total project cost, including the development of approach lines from the Mha station to the port of Ust-Luga (with the construction of Luga station) has been estimated at some 100 billion rubles.