New high-speed railway in Western Russia

Russian President Dmitry Medvedev gave an assignment to establish a speed railway between Mineralnye Vody and Karachaevsk. Proposals on establishing the railway have to get ready by August 1, 2012.
The assignment is to be executed by Alexander Khloponin, Presidential Envoy to the North Caucasian Federal District; Sinara Group Chairman Dmitry Pumpyansky and OAO Russian Railways President Vladimir Yakunin.

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