The 2019-2021 investment plan for Russian Railways’ has a total value of RUB 2.3 trillion (USD 34.85 billion), of which USD 10.3 billion will be invested in 2019, USD 12.4 billion in 2020 and USD 11.3 billion in 2021.
The company plans to complete the started projects, including the first stage of the modernisation of Baikal-Amur and Trans-Siberian lines, and to modernise the railway infrastructure to the ports at Azov-Black Sea.
Within the investment plan, the company will also start the second phase of Baikal-Amur and Trans-Siberian lines and to build a railway hub at Perm and the Central Transport Hub.
In the next three years, the implementation of measures aimed at ensuring the sustainability of the transportation process will continue. It is planned to reconstruct 17,000 kilometres of railway track, while a significant amount of investment will be directed to upgrading the companies involved in the track complex, power supply devices and the corporate information programme, as well as to update the automation and remote control devices.
Russian Railways’ investment and financial plans were discussed by the Government on November 8. It takes into account country’s Infrastructure Development Plan, approved by the government.