Russian Railways to invest 2.6 billion Euros in infrastructure development
The Russian state-owned railway company Russian Railways (RZD) plans to invest 200 billion roubles, or 2.6 billion Euros, on infrastructure development to quadruple freight transit by 2024. The money will be spent on building 26 new railway stations and strengthening the power supply system along 1,300 kilometres of track, as well as a number of other infrastructure measures.
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