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2007 May 17   09:29

Japan ready to invest in Hokkaido-Sakhalin railroad link

Japan is ready to invest about 300 billion rubles in the construction of a railroad link between the islands of Hokkaido and Sakhalin, chief of the Russian Railroads (RTS: RZHD) department for liaison with federal and regional authorities Vladimir Klimenko said at a meeting of the Federation Council Commission for Natural Monopolies in Irkutsk, Interfax reports according to RZD-Partner. At the same time, Russia will have to link Sakhalin to the mainland with a bridge or a tunnel, he said. Russian Railroads and Sakhalin authorities are getting ready to apply for funding to the Russian Investment Fund, Klimenko said.

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