The quality of services provided to Russian Railways passengers needs to be constantly improved. Russian Prime Minister Mikhail Mishustin announced this at the meeting of the Council of Ministers, where the financial plan and investment program of Russian Railways were evaluated. TASS.
“The total investment volume will be over 1 trillion 270 billion rubles. The funds will be used to solve large-scale problems; “About half of these will be allocated to the creation of backbone infrastructure.” stated Mikhail Mishustin.
We are talking about the implementation by 2024 of the target parameters of the Comprehensive Plan for the Modernization and Expansion of the National Mainline Infrastructure (CPMI), approved by the government on September 30, 2018. The implementation of the Eastern Test Site project, which includes BAM and Trans-Siberian Railway, will continue.
Mishustin emphasized that all plans for the development of the railway network must be completed on time. This will help expand the geography of train movement, create new logistics routes and increase transport volume, he said.
The Prime Minister noted that Russian Railways “is one of the leading customers in a number of sectors: this includes employment provision, mechanical engineering, mining and manufacturing industries, and the construction complex.”
It is planned to update the fleet of rolling stock in order to ensure the transportation of goods and create comfortable conditions for suburban passengers. It is planned to purchase over 500 modern locomotives and 280 electric train wagons. Russian Railways will spend almost 230 billion rubles for these purposes.
Mishustin said, “It would be good for travelers to choose trains because of their service quality, transportation comfort and the ability to reach their destination quickly and comfortably.”
In response, Minister of Transport of the Russian Federation Vitaly Savelyev at the meeting highlightedHe said that passenger transportation by rail will reach 1.147 billion passengers by the end of this year, and passenger turnover will increase by 3.6%. By the end of 2022, passenger transportation on the Russian Railways network reached 1.136 billion people.
“The investment program will be implemented at a record level of 1.2 trillion rubles. “A total increase of 162 billion rubles is planned in the registered capital of Russian Railways by the end of the year,” he said.
The minister announced that the funds will be used for the further implementation of the project for the development of the Central Transport Hub, quantum communications and the purchase of new modern railway vehicles.
“Currently, the active formation of the supply-side economy that the president mentioned is continuing. The role of exports is increasing, transport and logistics chains focused on new markets are being established, and foreign economic cooperation with friendly countries is expanding. Mishustin added that these factors should be taken into account when planning the work of the Russian Railways open joint stock company.