Russia to invest $100 billion to extend high-speed rail to Adler, Yekaterinburg
According to a government strategy released last Friday, the 500-mile Moscow-Kazan railroad is expected to be completed in 2018, ITAR-TASS reports.
A segment from Kazan to Yekaterinburg will be built by 2026--a project estimated to cost approximately $58 billion--and work on a segment from Kazan to Adler will begin after 2020--a project estimated at $67 billion.
High-speed rail lines will be constructed parallel to existing lines and will carry passenger and cargo traffic. Production of parts and materials for the high-speed rail lines will be centralized in Russia, according to Port News.
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