Russia has approved further modernisation works of railway infrastructure in its Far Eastern region. On the 50-year anniversary of the so-called Baikal-Amur line (BAM), the country confirmed that it will be spending 3,7 trillion rubles to boost throughput capacity to 270 million tonnes by 2032. The approved investments are part of the third stage of…
Category: investment
Twenty years of EU membership: What has it brought Polish rail freight?
Poland, alongside nine other countries, has been a member of the European Union for 20 years. EU membership brought with it many investments, which also benefited Polish rail infrastructure. The 166 billion Polish złoty (27 billion euros) in investments have transformed Polish railways, says national rail operator PKP. PKP reviewed the contribution of “huge funds”…
Russia to invest 156 billion rubles for Belarusian rail access to Baltic Sea
Russian Railways (RZD) intends to invest 156 billion rubles (1,5 billion euros) to enable Belarusian exports via the Baltic Sea. EU countries blocked the transit of Belarusian goods through its territories, and now Russia is coming to the aid of its steadfast ally. Additionally, Belarus will gain rail access to a brand new port in…