China CNR Corp plans to build high-speed rail lines in Russia

2015-03-30 11:26:22
Summary:China CNR Corp, one of China& 39;s largest producers of locomotives, plans to participate in the projects for the
China CNR Corp, one of China's largest producers of locomotives, plans to participate in the projects for the building of high-speed rail lines in Russia, according to Yu Weiping, vice-president of the company.
As part of this, the company may provide funds for the building of Moscow-Kazan high speed rail line, one of the most ambitious projects in the Russian industry of high-speed rail lines in recent years.
In addition to Russia, the company has also not ruled out the possibility of building of high-speed rail lines in other countries of Central Asia, however, considering Russia as a priority country for investments.
In October 2014 Russian RZD, the Russian Ministry of Transport, the Chinese  State Committee of Development and Reform and the Chinese Railways corporation signed the Russian-Chinese memorandum on the development of high-speed rail lines, which involves building of the Moscow - Beijing Eurasian high-speed corridor with Moscow-Kazan rail line (with the length of 770 km) being considered as one of the sections of the future corridor.
 

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