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7 trillion rubles can make up the total cost of high-speed Moscow-Beijing highway
The total cost of the Moscow-Beijing high-speed highway will amount to 7 trillion rubles. This was announced by the vice-president of Russian Railways, Alexander Misharin, to the TASS agency. 4 trillion rubles of this amount will be financed by the Chinese side.
The cost of the Russian site can be up to 2,8 trillion rubles. At the same time, part of the road will pass through Kazakhstan.
Misharin added that currently the possibility of attracting 400 billion rubles to finance the Russian high-speed Moscow-Kazan highway, which should become part of the highway to Beijing, is still being discussed by the Chinese side.
Earlier, the Chinese signed a protocol, which indicated that they would consider participation in the implementation of Moscow-Kazan in the framework of public-private partnership. At the same time, the PRC and its structures can participate both in the investment format and in the format of borrowed funds.
In addition, the Russian side, in turn, is ready to consider the use of Chinese technologies in the field of high-speed rail communication, as well as in the construction and production of equipment.
In 2014, a competition was held to develop special technological conditions for the WWC project between Moscow and Kazan. The length of the highway should be about 770 kilometers, and the speed of trains on it will reach 400 kilometers per hour. The annual passenger flow on this line is estimated at 10,5 million people by 2020 year.