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2007 December 13   14:51

RZHD to invest in the Far Eastern Railway

By 2015 RZHD intends to invest 113mln rub. in the development of the Far Eastern Railway, the company informed.
On Transsib 50bn rub. are to be spent; on BAM - 63bn rub.
The building of the new Kuznetsovskiy tunnel 59.9bn rub. will be required.
The program stipulates the building of the new railways towards the entrails development sites, modernization and reconstruction of the current mains.
RZHD was set up on the basis of the communications ministry in 2003. 100% are held by the state (85.5ths km of railways length in total). The net profit in 2006 (RAS) rose to 26.3bn rub. or 2.7 fold higher prior year figures - 9.7bn rub.

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