Russia and China will connect the mega-project

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www.vsyako.netPhoto: Tao Liang / Xinhua / Globallookpress.com

Prime Minister Dmitry Medvedev has approved a draft of the first private motorway in Russia, which would connect Europe and China. It is reported by family-owned Demyan Kudryavtsev, the newspaper “Vedomosti”.

According to the publication, the construction of the road “Meridian” with a length of almost two thousand kilometers will cost 600 billion rubles, while it needs to be built without public funds.

Private builders have put forward from my side condition: the state must provide them with a guaranteed minimum income of 35 billion rubles per year in the event of political risks. For example, if they closed the state border.

Medvedev instructed the Ministry of transport and Ministry of economic development to advise the initiator of the project — the “Russian holding company” — to attract investors, and together with the Ministry of Finance and Ministry of construction to support the project.

It is reported that the proponents have bought more than 80 percent of the land in the corridor of the future road and to begin construction they expect from the border with Kazakhstan.

A comprehensive plan for the modernization and expansion of backbone infrastructure, is calculated till 2024, was adopted in the fall of 2018. It includes the construction of several highways, high-speed rail lines, development of the Northern sea route, the construction of the Russian sections of the corridor Europe — Western China. The plan, according to Finance Ministry estimates, will require more than six trillion rubles.

Video, photo All from Russia.

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