«High-speed Railway»
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29 june

Russian Railways« Vice President: Moscow-Kazan HSR to be put into operation in 2020

The total value of Moscow-Kazan HSR construction exceeds RUB1 tn. Moscow-Kazan high-speed railway line (HSR) will be commissioned in 2020 as per the project schedule. This is what Alexander Misharin, First Vice President of Russian Railways, told the media in Voronezh. “We have a schedule, and it is a long-term construction project. This year we will be through with the design and will proceed to construction. The start-up is scheduled for 2020”, said Mr. Misharin in replying to the question on possible delay of the line start-up. “The section and the line will be commissioned in phases. Concurrently, design works will start on other sections. We are now proceeding to the investment business case for the Moscow-Tula link”, he added. The total value of Moscow-Kazan HSR construction exceeds RUB1 tn. Moscow-Kazan section can become a part of Moscow-Beijing HSR, which estimated cost is RUB7 tn, and of the Silk Way Project to link China with European and Middle East markets. China intends to extend a 20-year RUB400 bn credit facility for the HSR project and contribute over RUB100 bn in the capital of the special-purpose vehicle. As Alexander Misharin has informed earlier, China no longer requires sovereign guarantees for the project, and the point currently is a concession where the government acts as the Concessor. Moscow-Kazan line will be about 770 km long with the travel speed of 400 km/h and stations at each 50-70 km. Travel time by HSR from Moscow to Kazan will be 3.5 hours against the current 14. Source: TASS

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