Friday, August 17, 2018

Government approves Sverdlovsk railway projects

The government recently approved four new railroad projects in the Sverdlovsk region in order to make the 
the country's railways compatible with modern infrastructure.

The strategic move was announced on the government's website and is meant to benefit future generations of Russians.

The projects include development of the eastern section of the Baikal-Amur Mainline (BAM) toward 
the Azov-Black Sea basin and northwestern Russia, as well as rebuilding and updating portions of the Trans-Siberian railway, which runs parallel to the BAM lines.

Funding for the projects will come from the sales of railway stocks. 

Government officials also have discussed using finances from the National Welfare Fund to prioritize the railway projects.

The projects could add traction rolling stock to the railways, reconstruct the railways' infrastructure and further develop the country's railway projects overall.

Organizations in this Story

Oblastnaya Gazeta

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