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Russian Railways will receive 1 trillion rubles from the budget of the Russian Federation next year

Russian Railways will receive 1 trillion rubles from the budget of the Russian Federation next year
Photo: pixabay.com

Russian Railways will receive more than one trillion rubles from the federal budget in 2022. The Russian government called it an unprecedented amount of investment. In total, over three trillion rubles will be invested in the investment program of Russian Railways over the course of three years.

This was announced today by the head of the Cabinet of Ministers of the Russian Federation Mikhail Mishustin at a government meeting. Among the priority tasks for the monopoly, Mishustin named the continuation of work within the project of the eastern corridor, which includes the BAM and Transsib. The funds will also go to the creation of the Northern Latitudinal Railway for the development of transport infrastructure in the Arctic.

“Special attention will be paid to the quality of the rolling stock. Passengers should travel in comfortable, modern coaches with all conveniences, including access to digital services, Mishustin said.

Repair and renovation of railways, construction of bridges and other facilities, as well as the introduction of resource-saving technologies are also named as important points of the investment program.

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