In 2007, the volume of investments into the fixed assets of the RF transport complex grew by 43% as compared with the year of 2002, to RUR 770.7 billion, RF Transport Ministry announces according to Gudok.Ru referring to Interfax.
According to the source, implementation of the federal special purpose program “Modernization of Russia’s Transport System for 2002-2007” has been lasting for 5 years already. According to preliminary estimates, throughput to grow by 29% in 2007 (as compared with 2002) to 2.445.5 billion t-km. Passenger turnover of public transport (including municipal electric transport) will amount to 484.7 billion passenger-km in 2007 (+3.5% against 2002). The volume of cargo handled in seaports and by other stevedoring companies is likely to grow by 78% (against 2002) to 464 million tonnes.