Warning from the bank: The costs for the Moscow-Kazan high speed train project are too high

Warning from the bank: The costs for the Moscow-Kazan high speed train project are too high :Due to the fact that the World Football Cup 2018 will take place in Russia new projects are planned; the costs of these projects are being already discussed. Anton Siluanov, the Minister of Finance has warned about the costs of the Moscow-Kazan high speed train project.

According to the news provided by the Interfax Agency, at one of the meetings, the Minister of Finance Anton Siluanov has sustained that the costs for the Moscow-Kazan high speed train project lack foundation: “For the first calculation the worth of the project is estimated to be 140 Russian rubles, but I think that this amount will be increased. I am of the opinion that until 2018 the project will not be finished, the rail line will continue just until Nijnii Novgorod region.”
Alexei Ulyakayev, the Minister of Economic Development has sustained that the Moscow-Kazan high speed train project has some risks.

Igor Shuvalov, the Prime Minister has sustained that Russia has to stop increasing the numbers of big projects.
Meanwhile another project Formula 1, from Sochi has also created discussion becaude of its costs of 11 billion Russian rubles.

Warning from the bank The costs for the Moscow-Kazan high speed train project are too high

We, Net Translation Services Limited, are in your disposal with our experienced translator team of 35 persons specialized in Rail Systems Terminology in English, German, Russian, French languages Please visit website: Nettercume.com.tr for our references.

12 / 1.992