Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Moscow, December 30 /Xinhua/ — Russian Railways (RZD) will allocate 120 billion rubles (approximately $1.53 billion) from its investment program for the Moscow-St. Petersburg high-speed rail project in 2026, TASS reported, citing RZD.
The project to build Russia's first high-speed railway between Moscow and St. Petersburg is being implemented at the behest of Russian President Vladimir Putin as part of the national project "Efficient Transport System."
The approximately 700-kilometer railway will run through six regions of the country, home to 30 million people. Train speeds will reach 400 km/h. Annual passenger traffic between the cities is expected to increase to 23 million by 2030.
As previously reported, construction of the Moscow-St. Petersburg high-speed railway began in March 2024. Commissioning is scheduled for 2028. –0–
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