Russia: High-speed trains to outrun planes?
According to Ros Business Consulting, high-speed rail line Moscow-St. Petersburg might be more attractive to passengers than the flight connection. The new line for high-speed trains is expected to be ready in 2018. It is also reported that it will cost 500 - 700 billion rubles. 70% of the project will be sponsored by the state, 30% by private investors.
This artice is published in: Report #62 week 23.04.11-29.04.11
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