Pravda.ru

News » World

China to help Russia build transport corridor to Crimea

05.05.2014 | Source:

Pravda.Ru

 

 

China to help Russia build transport corridor to Crimea. 52700.png

Chinese companies will soon take part in the construction of a transport corridor to the Crimea through the Kerch Strait.

According to Kommersant newspaper, state-owned China Railway Construction Corporation (CRCC) may take part in the project, the cost of which reaches $3 billion. Private investment fund China International Fund Ltd (CIF) may participate in the project as well. The latter may participate in the funding. Currently, the Russian Transport Ministry is preparing to sign a memorandum on construction.

Preliminary documentation for the construction should be elaborated by May 30; the financial scheme and construction model will be developed in July. The project may involve major Russian companies: almost all leading players engaged in infrastructure construction confirmed their interest in the project.

 

Popular photos

Most popular

Russia's new White Swan Tu-160 bomber plane raises serious concerns in the West
Russia's new White Swan Tu-160 bomber plane raises serious concerns in the West
An upgraded version of the strategic Tu-160 bomber aircraft, also known as the "White Swan," is to be passed into service only in 2022 in the amount of 30-50 pieces. The new "Swan" has significantly...
Russia reacts to possible nuclear strike from USA
Russia reacts to possible nuclear strike from USA
Russia will be able to give a tough answer to a nuclear strike that the United States may inflict on Russia, First Deputy Chairman of the Federation Council Committee on Defense and Security, Franz...
Рейтинг@Mail.ru Rambler_s_Top100_Service