The Accounts Chamber of the Russian Federation says it has conducted a monitoring of Russian Railways’ investment projects, particularly those financed by the federal budget. The Accounts Chamber’s statement says that most of the projects have not been delivered according to schedule and planned target has not been achieved.
Among the projects failing to achieve the planned targets are BAM and Transsib.
In this respect, information letters will be sent to the RF Government, Federal Railway Transport Agency and Russian Railways with a report to be submitted to Federal Assembly of the Russian Federation.