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National Welfare Fund to allocate billion rubles to 37,5 for modernization of BAM and Transsib - EastRussia | Far East

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FNB to allocate 37,5 billion rubles for modernization of BAM and Transsib

FNB to allocate 37,5 billion rubles for modernization of BAM and Transsib
The National Welfare Fund (NWF) next year will allocate 37,5 billion rubles for the modernization of the Baikal-Amur Highways (BAM) and the Trans-Siberian Highways, Izvestiya reports with reference to the documents of the Ministry of Transport.

Previously, the amount for the modernization of these facilities for the next year was 50 billion rubles. But the Ministry of Transport also sent documents to the Council of Federation, according to which additional funds are needed to upgrade the railway networks, otherwise work on 2017 facilities may be suspended in 115 and construction will not be completed at the 51 facility.


Also, the Ministry of Transport noted that the work related to BAM may rise in price due to inflation.