Wednesday, September 23, 2020
The cost of constructing the second Severomuysky tunnel on the Baikal-Amur Mainline (BAM) could amount to $3.9 billion, Kommersant writes citing the project’s feasibility study prepared by the Institute for Economy and Transport Development. The capacity of the Severomuysky tunnel at the moment is 16 pairs of trains per...
The parliament of Syria has ratified a bill handing management of the country's largest port to a Russian firm for 49 years, state media said, according to RIA. The vote on Wednesday comes after a deal between Damascus and the Russian company Stroytransgaz for the management, expansion, and...
Finnish railway operator VR said on Tuesday that passenger train services between Finland and Russia will be temporarily halted amid the coronavirus upon the two countries’ decision on limiting travel through the border, RIA Novosti reports.  "According to Russia’s decision, foreigners won’t be able to get there after 23:00 Finnish...
Russian technology giant Yandex has begun to test self-driving taxis in Innopolis, a small town built a few years ago to foster education in technology and entrepreneurship, AFN reports. The company described the tests in a blog post as the first autonomous ride-hailing service in Europe. About 100 residents have...
Companies from the Russian airport construction business are considering the renovation of Syria’s Damascus airport as an important possible project, Dmitry Belik, a deputy of the State Duma (the lower house of Russia’s parliament), said on Saturday according to Russia’s Federal News Agency. On Monday, Syria’s Transport Minister Ali Hamud...
Russia’s largest LNG (liquefied natural gas) producer Novatek is looking to boost supply to the fast-growing Asian markets by upgrading its facilities in the Far East, ProFinance.ru reports. The company has one producing plant, Yamal LNG, and aims to reach a final investment decision (FID) on another one, Arctic...
The project for the reconstruction of Terminal C at the International Airport Sheremetyevo has been issued a positive conclusion by the Russian State Expert Evaluation Department, the press office of the agency informed. With the modernization of the Terminal C, the total capacity of the facility will be increased to 15...
Sheremetyevo Airport plans to serve more than 46 million passengers in 2018, a 14.6 percent increase compared to 2017, the Chairman of Sheremetyevo’s Board of Directors Alexander Ponomarenko said in an interview with Vedomosti. Ponomarenko, a Russian billionaire and business magnate who made his fortune in banking, sea ports, commercial...
Russia’s state-owned United Aircraft Corporation (UAC) has practically completed the process of import substitution in its military segment, the company’s CEO, Yuri Slyusar, told a round-table reviewing the corporation’s activity under sanctions. "We have practically finished import substitution in the military segment, and in this respect our vulnerability is minimal,"...
Russia has allocated $3.1 million for the development of a feasibility study for the China-Kyrgyzstan-Uzbekistan railway construction project, Kyrgyzstan’s President Sooronbay Jeenbekov said on Monday, according to Regnum news agency. The project was announced back in the early 2000s, but since then it has not been launched. According to the...