in , , ,

Coming to Russia: Improved infrastructure, both roads and rails

Poor highway transportation network prevents economic growth in Russian Federation, plans to remedy that set forth in Putin’s new term.

Maksim Oreshkin is Russia’s Economic Development Minister. During a Question and Answer session, he stated that one of the biggest barriers to the economic growth of the Russia Federation is the state of the country’s infrastructure, namely the road and highway system in the country.

“ am convinced that infrastructure is one of the key problems of the Russian economy. We are underinvested here, the quality of infrastructure does not correspond to the level of Russia’s development and is a serious obstacle on the way of economic growth…”

This is more likely to come to attention starting this year, as Russia’s forecast calls for a two percent rate of economic growth, which the first prediction of growth since the economic crisis began in Russia.

The Russian News Agency TASS further reports that President Vladimir Putin intends to focus the nation on internal development, including the following issues:

Key things we will focus on are issues of the domestic agenda: first of all, measures to encourage Russia’s economic growth, giving it an impetus of innovation, to develop the healthcare sector, education, industrial production, infrastructure and other areas vital for further progress of the country and raising the living standards… This is what we will pay major attention to.”

Some examples of major projects underway are the Kerch Bridge project that links the Crimean Peninsula to the Russian mainland, expected to open in May; and the Moscow-Kazan high-speed railway project, which is gaining interest from investors in Spain, as reported by RT. This project is a great example that illustrates the infrastructure situation in Russia, for the track distance between Moscow and Kazan is  770km (478.5 miles). In Russia presently this trip takes 12 hours by rail. With the high-speed system in place, travel time will be reduced to only 3.5 hours, on a route with 15 stops. China is also interested in investing in this project, as is Germany.

Doing similar upgrades on Russia’s highway transportation network would be of great benefit to shipping and commerce.

The Duran
EUR
Donate
Gift €20 or more and we'll send you our super awesome mug absolutely FREE! Your donations allow us to hire more writers and broaden our reach to those seeking the truth.

Will you help expose the lies of the mainstream media?

As a reader of The Duran, you are well aware of all the propaganda and disinformation reported by the mainstream media. You know how important it is to bring real news to light.

Please support The Duran and help us keep reporting on news that is fair, balanced, and real.

Advertisements

What do you think?

2 points
Upvote Downvote

Total votes: 4

Upvotes: 3

Upvotes percentage: 75.000000%

Downvotes: 1

Downvotes percentage: 25.000000%

Leave a Reply

Loading…

Now British media admits it in Skripal case: due process ‘does not apply’ to Russia

UPDATE: Shooting at Great Mills High School stopped by prepared response