DataLife Engine / Germans to invest 2 bln euro in Moscow – Kazan high-speed railway

Germans to invest 2 bln euro in Moscow – Kazan high-speed railway

According to the newspaper, the Group includes a number of large companies, in particular, Siemens, which is widely known in Russia.

We should remind you that the first country, which expressed its readiness to invest in the high-speed railway, was China. Beijing intends to extend a loan totaling 400 bln roubles, as well as to provide equity financing in amount of 52 bln roubles.

The matter concerns the construction in Russia of the first electrified double-line railway for trains capable to run with the speed of 200 – 400 km per hour. 770 kilometer road will reduce the travel time between the destination points down to 3,5 hours.

21-07-2016, 12:17
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