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The government will support the modernization of BAM and Transsib on behalf of the president - EastRussia | Far East

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The government will support the modernization of BAM and Transsib on behalf of the president

The government of the country will submit proposals to include in the integrated plan for modernization and expansion of the main infrastructure of measures to expand the Baikal-Amur Mainline and the Trans-Siberian Railway before September 9th. This assignment was given by Russian President Vladimir Putin.

According to the press service of Minsk region, the first stage of the program of modernization of the railway infrastructure of the Baikal-Amur and Trans-Siberian highways is being implemented from 2013 to 2019. Its cost is estimated to be 562,4 billion rubles. On this money will create an additional carrying capacity of 66,8 million tons per year to 2020 year. The volume of export from the main mineral deposits in 2012 amounted to 58,1 million tons per year, and after the completion of the first stage of modernization of the Baikal-Amur Mainline and the Trans-Siberian railway, it will amount to 124,9 million tons per year.

Now the investment program of JSCo «Russian Railways» plans to realize the second stage up to 2023 year. In its framework will create additional carrying capacity of at least 114,7 million tons per year to 2025 year. The estimated cost of the project is 493,2 billion rubles. Based on its results, the highways will create the basis for the development of high-speed and high-speed rail services between the major cities of the Far East and China. Also, modernization will allow implementing a number of new investment projects in the Far Eastern Federal District.