Russia To Build a High-Speed Rail Network
President Vladimir Putin visits the Moscow-Saint Petersburg high-speed rail project, June 2025. X/ @lacherbaue
August 1, 2025 Hour: 8:20 am
About US$3.7 billion will initially be allocated to the Moscow-St. Petersburg high-speed rail line.
On Thursday, President Vladimir Putin instructed the government to develop a roadmap for building Russia’s high-speed rail network by March 31, 2026.
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“The Russian government, together with Russian Railways, the open joint-stock company, shall formulate a development model for Russia’s high-speed rail network. This includes specific timelines and parameters for implementing each project to create high-speed rail lines,” the Kremlin said.
Putin also ordered the government and SberBank, Russia’s largest lender, to outline plans for utilizing 300 billion rubles (about US$3.7 billion) allocated from the National Wealth Fund as initial funding for the Moscow-St. Petersburg high-speed rail line. A report on the funding is due by Oct. 1.
The Moscow-St. Petersburg route will be Russia’s first high-speed railroad, a specialized electrified double-track line on which trains can travel at speeds from 200 to 400 kph. Trains are expected to cover the distance between the two cities in two hours and 15 minutes.
Russian Prime Minister Mikhail Mishustin and Russian Railways CEO Oleg Belozerov have been appointed as the responsible parties.
teleSUR/ JF
Source: Xinhua