Investment programme at Russian Railway planned at 424.1 billion roubles in 2016.

Investment programme at Russian Railway planned at 424.1 billion roubles in 2016.

A major part of the Company’s investments in 2016 is being focused on implementing projects to fulfill orders and decrees issued by the President and Government of the Russian Federation. These orders and decrees will be implemented with the participation of state support.

In 2016, work will continue on the projects to modernise the Baikal-Amur Main Line and Trans-Siberian, carry out the complex reconstruction of the Mezhdurechensk – Tayshet stretch, develop the Moscow transport hub, renew the railway infrastructure on the approaches to the ports of the Azov-Black Sea basin, construct the Prokhorovka – Zhuravka – Chertkovo – Bataisk railway line (a new railway line in between Zhuravka – Millerovo) and construct high-speed rail on the Moscow-Kazan line.

The implementation of various projects to develop through capacity is also continuing in 2016, including the reconstruction of the Mga – Gatchina – Weimar – Ivangorod stretch, the development of the Tobolsk – Surgut – Korotchaevo stretch, the reconstruction and construction of man-made facilities, the construction of second tracks and the development of marshalling yards.

Other projects being implemented are designed to ensure the safety of the transportation process. These include measures to update the automation and remote control devices, electrification and power supply and the replacement of fixed assets on the locomotive side.

In order to improve transport accessibility, the Company is continuing to implement projects to renew the main passenger assets on both the commuter and long-distance sides, as well as other projects related to research and development, social development and a contribution to the charter capital of other companies.

The development of the Russian economy requires a corresponding improvement and development of railway infrastructure, which is the basis of the country’s transport system. The Investment Programme at Russian Railways is therefore based on achieving the following main objectives:

  • eliminating bottlenecks on the main railway network lines, taking into account prospective traffic volumes (the construction of additional main lines, the development of railway stations, the modernisation of automatics equipment and communications and other work);
  • renewing rolling stock;
  • ensuring operational reliability and the safety of the transportation process (reducing the depreciation of fixed assets, increasing the reliability of devices, equipment, machines and mechanisms and ensuring their compliance with current requirements);
  • ensuring that the railway infrastructure has new performance characteristics, such as the ability to accommodate heavy freight trains and passenger trains at higher speeds or new dimensions.

Source: Russian Railways.