Irkutsk
Ulan-Ude

Blagoveshchensk
Chita
Yakutsk

Birobidzhan
Vladivostok
Khabarovsk

Magadan
Yuzhno-Sakhalinsk

Anadyr
Petropavlovsk-
Kamchatsky
Moscow

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RZD asks the state for $ 30 billion

Russian Railways does not have enough funds to finance the investment program until 2020, including the reconstruction of the Trans-Siberian and BAM. What is missing is 1,4 trillion rubles, or half of all expenses, - the company asks the state, the newspaper Vedomosti writes today.

The investment program of Russian Railways until 2020 will amount to 2,89 trillion rubles, of which half - 1,4 trillion rubles - should come from state support, according to the updated development strategy of the company until 2030. One of the federal officials said the document was discussed at a meeting on Monday with Deputy Prime Minister Arkady Dvorkovich.

However, the strategy says that state financing has been confirmed only for 40% of the requested amount - 556 billion rubles. But if the state provides all the required funds, the company's revenue by 2020 will increase by almost 60% to 2,83 trillion rubles, EBITDA - by 90% to 572 billion rubles, and loading - by 16% to 1,4 billion tons, the document says .

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