логотип компании
home Sitemapsitemap
Jun 29, 2017 19:04
(GMT+3)
Latest news
Jun 21, 2017
Russian Railways and Chinese Railways to exchange electronic data on freight transportation
Jun 16, 2017
International passenger numbers from January to May 2017 up 20%
Jun 15, 2017
"The high-speed corridor will allow us to deliver high-yield freight from Asia-Pacific countries to Europe in just 3 days," says First Vice-President of Russian Railways Alexander Misharin
Jun 15, 2017
Free long-distance train transportation begins for fans attending FIFA-2017 Confederation Cup
Jun 14, 2017
Senior management of Russian Railways holds meetings with India Railways' Minister of State Rajen Gohain
Jun 09, 2017
Russian Railways President Oleg Belozerov holds conference call on Company's Jan-May 2017 performance
News archive
Home
Press Centre
News

News

Apr 30, 2016

Russian-Chinese working group discusses prospects for construction of Moscow - Kazan High Speed Main Line

RU EN

The sixth meeting of the Russian-Chinese working group on high-speed railways cooperation was held in the Chinese capital Beijing from 26 to 27 April 2016.

The Russian delegation was headed by Alexander Misharin, First Vice-President of Russian Railways, and Alexei Tsydenov, Deputy Minister of Transport of the Russian Federation.

Hu Tszutsay, Deputy Chairman of the State Committee for Development and Reform, and Huang Ming, Deputy Director General of China Railways, headed the Chinese delegation.

The participants in the session reviewed the key issues concerning the design of the Moscow - Nizhny Novgorod - Kazan High Speed ​​Main Line with respect to the project's main principle, which is to find the optimal technical solution while minimising the necessary construction costs.

The solutions discussed included the development of centralisation and blocking devices, strengthening the roadbed, designing non-standard bridges and track superstructure and the arrangement of production bases at railway stations. The experts paid special attention to railway automation and remote control systems, signalling and communication systems and train management for the Moscow - Nizhny Novgorod - Kazan High Speed ​​Main Line.

The Russian and Chinese experts also agreed to close co-operation when the project documentation undergoes its expert evaluation and noted the need to accelerate the pace of implementing the design work.

The two parties confirmed in a protocol that the construction of the Moscow - Nizhny Novgorod - Kazan High Speed ​​Main Line will be achieved by a public-private partnership (PPP model) in the form of a concession in accordance with the legislation governing concessions in the Russian Federation.

It is expected that within the framework of the project, a special project company (SPC) will be set up as the concessionaire. Its task will be to conclude and execute the concession agreement on the construction of the Moscow - Nizhny Novgorod - Kazan High Speed ​​Main Line. The project will be implemented by attracting investments in the form of equity and debt financing.

According to the agreement, the Chinese side will provide equity financing for the project on the Moscow - Nizhny Novgorod stretch amounting to the equivalent of 52 billion roubles in US dollars, as well as an additional amount of US 1 billion for the Nizhny Novgorod - Kazan stretch.

In addition, the Chinese will provide debt financing equivalent to 250 billion roubles for the Moscow - Nizhny Novgorod stretch and the equivalent of 150 billion roubles for the Nizhny Novgorod - Kazan stretch.

The parties also discussed the possibility of financing the project in US dollars and yuan.

Key provisions of the draft will be reflected in the agreement between the Russian Federation and the People's Republic of China, which is expected to be signed in 2016.

print version
screenRenderTime=0

© 2003-2017, Russian Railways
Mass Media Registration Certificate El. No. ФС77-25927
When using any material from the site reference to rzd.ru is obligatory

The Company | Passengers | Freight | Press Centre | Investor Relations | Contacts | Search