Moscow-Kazan The high-speed train line can be extended to Beijing: Moscow-Kazan The extension of the high-speed train project to China is on the agenda. Russia and China are preparing to sign an agreement for the 700-kilometer-long railway with a cost of 29 billion dollars to reach Beijing.
According to the news of the Vedomosti newspaper, Russia and China's Moscow-Kazan It is expected to sign the agreement, which envisages cooperation in the high-speed train project, today (Monday).
The Chinese side is ready to find the 10 billion dollar investment in the project, but it is stated that most of the costs of the project will be covered by Russia. The Pension Fund and the National Development Fund are scheduled to be transferred to the project 300 billion rubles.
In the statement made by the Russian Railways officials, “On Monday in Moscow, Moscow-Kazan A cooperation agreement regarding the high-speed train project will be signed with the participation of the Russian and Chinese prime ministers.
Moscow-Kazan It is expected that the transition to high-speed train services between these two cities will reduce the travel time between these two cities from 11,5 hours to 3,5 hours by train.