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Sep 04, 2015

Oleg Belozerov heads Russian Railways' delegation to Eastern Economic Forum


The first Eastern Economic Forum is being held in Vladivostok from 3 to 5 September 2015.

According to a decree issued by the President of the Russian Federation, a Forum will be held annually in order to promote the economic development of the Far East and the expansion of international cooperation in the Asia-Pacific region.

The event was attended by representatives from state bodies of the Russian Federation and the Asia-Pacific countries and by the Russian and foreign business communities.

The delegation of Russian Railways included the Company's First Vice-President Alexander Misharin, Senior Vice President Vadim Mikhailov and State Secretary & Vice President Anatoly Meshcheryakov, all of whom took part in the Forum's key section on "The Strength of Russia's Far East. Transportation: Infrastructure and Logistics."

It was noted at the Forum that Russian Railways was actively working to create the conditions for the development of the region's infrastructure. Successfully being implemented is the project to modernise the infrastructure of the Baikal-Amur and Trans-Siberian main lines. In 2013-2014, the Company commissioned 4 junctions, renovated 7 stations and more than 1,600 metres of small and medium sized artificial structures and reconstructed about 1,000 km of railway track. The carrying capacity has been increased on the stretches between Tynda - Komsomolsk-on-Amur - Vanino and Taishet - Bamovskaya - Volochaevka - Nakhodka.

In 2015, 2 junctions and 5 stations will be commissioned, about 1,000 metres of artificial structures reconstructed and more than 1,200 km of railway track modernised.

It also planned to develop the railway approaches to the port of Posiet to the south of Vladivostok and reconstruct the line between Birobidzhan - Leninsk, which will provide access to the future bridge across the Amur River for the shipment of iron ore from the deposits in the Far East.

Work is now underway on the second phase of the project, which involves removing an additional 83.4 million tons compared to the level of 2014 under the condition of developing heavy traffic weighing 7,100 tons.

Upgrading the railway infrastructure will be synchronised with the formation of territories assigned for priority development, which should provide an additional multiplier effect on the economy of the region and the country as a whole.

Speaking at the key session of "The Strength of Russia's Far East", Vadim Mikhailov, Senior Vice President for Economics and Finance at Russian Railways, said that Russian Railways operates within the framework of the state's strategic direction for the development of Siberia and the Far East and takes all necessary measures to provide transport support for the rapid development of the railways.

At the end of the session, Alexander Misharin, First Vice-President of Russian Railways, for the Development of High-Speed Trains, spoke about the prospects for cooperation with China on implementing the project for high-speed passenger traffic between Moscow - Beijing. He stressed in particular that the high-speed rail project would facilitate the development of regional agglomeration, which is now very topical for the Far East.


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