Russian Railways has confirmed a tendering process for a RUB20.79 billion (€323 million) scheme for the Moscow-Kazan section of the Moscow-Kazan-Yekaterinburg high-speed rail route.
The 770km public-private partnership (PPP) project will follow a route including Moscow, Vladimir, Nizhny Novgorod and Kazan. It is claimed to be the largest infrastructure scheme in Russia.
Tendering will include overall planning, development and engineering surveys for the line, which is forecast to carry around 10.5 million passengers a year. The route will pass through seven areas of the country with a total population of 25 million people.
Vladimir Yakunin, president of Russian Railways, said, "The development of high-speed rail is a fundamentally new step in the modernisation of the Russian transport system, one which countries such as Japan, France, Spain, Germany, Italy, China and many others have already taken.
“I am convinced that advanced technologies in the field of railway transport will have a positive impact on the development of the entire economy of the Russian Federation.”