Russian Railways to submit parameters of 2025 Long-Term Development Programme to Government
by 1 December 2018
On 29 October 2018, the Russian Prime Minister Dmitry Medvedev held a meeting at
Bekasovo sorting station at Moscow Railways in the city of Moscow.
Under discussion at the meeting was the 2025 Long-Term Development Programme (LTDP)
for Russian Railways. Also in attendance were Russia’s Transport Minister Yevgeny
Dietrich, the CEO and Chairman of the Board of Russian Railways Oleg Belozerov, the
Head of Russia’s Federal Anti-Monopoly Service Igor Artemyev, the President
of the Russian Union of Industrialists and Entrepreneurs Alexander Shokhin, Moscow’s
Mayor Sergei Sobyanin and other officials.
According to Dmitry Medvedev, the LTDP was prepared in order to improve the efficiency
of Russian Railways and to achieve the country’s key national development goals,
which were defined in a presidential decree issued in May this year: to achieve economic
growth above global rates and ensure Russia’s place among the world’s
five biggest economies.
"Economic growth without precise work on the part of the railways is simply impossible
due to the size of our country, the nature of the economy and the geographical location
of our production. The development of the railway therefore affects the regions, business
and the competitiveness of our exports – almost everything in fact," said Dmitry
The Prime Minister stressed that the Company’s Long-Term Development Programme
required integration with other development programmes, national projects and sectoral
plans and strategies.
"It is especially important that the Russian Railways’ Long-Term Development
Programme focuses on a comprehensive plan for the modernisation and expansion of trunk
infrastructure for the period up to 2024, which I approved recently. Nine out of the
11 federal projects that are included in the plan are aimed at upgrading infrastructure,
including that of the railways. They involved the East - West and North - South transport
corridors, the development of railway routes and links between the major economic
centres," said Prime Minister.
At the same time, Dmitry Medvedev said that it was necessary to make plans which
take into account the general situation in the economy.
"At the moment, the draft document outlines two scenarios: the target and a conservative
version. They focus on the parameters of the forecast for the country’s socio-economic
development for the period up to 2024. If necessary, we should be ready to make adjustments
to this forecast," said Dmitry Medvedev.
Among the most promising projects is the development of passenger rail services
in the largest conglomerations.
Another task is the development of infrastructure, in particular, the continuation
of work on major projects such as the modernisation of Baikal Amur and Trans Siberian
Main Lines and the development of approaches to Russia’s ports in the Far East,
North-West and Azov-Black Sea basin.
Medvedev added that special attention must also be paid to the introduction of
According to the Prime Minister, the prepared Long-Term Investment Programme of
Russian Railways, which envisages investment of 10 trillion roubles by 2025, sets
To solve them, Medvedev said that new investment models and additional funding
sources were needed. The implementation of the investment programme will almost double
the contribution of rail transport to the country’s GDP.
As Russia’s Minister of Transport Yevgeny Dietrich noted at the briefing
following the meeting, it was decided to conduct additional research on and refine
a number of positions in the Long-Term Development Programme.
Dietrich said that the draft LTDP should be further developed and reviewed at a
government meeting by 1 December 2018 so that Board of Directors of Russian Railways
could confirm and approve it subsequently.
According to the Company head Oleg Belozerov, the provisions relating to the specific
content and financing of the Long-Term Development Programme will be clarified within
"The decisions that were discussed today can make the Programme even more balanced,"