Reference
This document was prepared by the Ministry of Transport in execution of a Presidential directive.
The implementation of a project to upgrade and modernise the Baikal-Amur and Trans-Siberian railways (hereinafter referred to as “railways”) implies predetermining the main parameters, areas of focus and implementation mechanisms, including:
- evaluating freight traffic on these railways and outlining long-term rates for freight transport;
- updating the development plan for these railways and related infrastructure based on specific freight traffic projections;
- determining amounts and sources of the funding needed to implement the project to upgrade and modernise these railways, as well as the terms and conditions for investing funds from the National Wealth Fund for the purpose of this project;
- devising a business plan and financial model for implementing the project to upgrade, modernise and operate the railways.
The Executive Order approves the project network graph with regard to the implementation of the aforementioned initiatives with deadlines and the names of the executive officers.
The approval of the Executive Order is aimed at paving the way for the implementation of the project to upgrade and modernise these railways.