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Budget difficulties may lead to a delay in the reconstruction of Transsib and BAM - Ministry of Eastern and Eastern Development - EastRussia | Far East

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Budgetary difficulties may lead to a delay in the timing of the reconstruction of the Trans-Siberian Railway and the Baikal-Amur Mainline - Minskostokrazvitiya

The head of the Ministry of the Russian Far East, Alexander Galushka, allows for a shift in the timing of the project to reconstruct the Transsib and BAM

Budgetary difficulties may lead to a delay in the timing of the reconstruction of the Trans-Siberian Railway and the Baikal-Amur Mainline - Minskostokrazvitiya
“Indeed, there are difficulties with the position of the budget. Perhaps, there will be some adjustment of the deadlines “to the right,” but the project itself will be implemented, ”A.Galushka said in an interview with the Russia-24 TV channel.

As previously reported, due to the modernization of BAM and Transsib, as well as some connections to them, it is planned to improve land transport links between Europe and Asia through the Russian Federation, Interfax reports.

The total cost of the project is 562 billion rubles, of which 302 billion rubles are expected to be spent by RZhD, the monopoly will receive 150 billion rubles from the National Welfare Fund (NWF) and 110 billion rubles from the budget.

Investments in the project are designed for transportation of additional 55 - 66 million tons of cargo to 2018 year.