China may participate in construction of transport crossing through the Kerch Strait
To date the Ministry of Transportation of Russia is preparing to sign the memorandum with Chinese companies on construction of the transport corridor across the Kerch Strait, which will connect Krasnodar Krai and the Crimea, informed the sources from the Ministry on May 5.
But the project design model is not approved yet - it can be either rail-and-road bridge, or one bridge and an underwater tunnel. According to the sources, the memorandum may be signed during the visit of Vladimir Putin, President of the Russian Federation, to China in the second half of May 2014. It is expected that the private company China International Fund Ltd (CIF) will participate in financing of the project, and the state-owned company China Railway Construction Corporation (CRCC) – in construction of the project.
The Ministry of Transportation does not officially comment the plans.
The reporting Chinese construction company has the required experience in realization of large-scale infrastructural projects, and has the possibility of financing the construction in CNY, said one of the sources.
But participation of the Chinese companies does not negate the fact that the project will involve the major Russian companies. Almost all leading players who are engaged in infrastructural construction in Russia, already confirmed their interest in the future project.
You should be authorized to post comment
In 2014 Crimean agrarians took on lease 270 units of Russian agricultural machinery
As of November 1, Russia harvested 105.7 mln tonnes of grains – Rosstat
Russia: as of November 1, grain carry-over stocks totaled 42.9 mln tonnes – Rosstat
In January-October Russia decreased wheat flour production
November 19, 16:50
On November 19, Russia purchased 7.15 thsd tonnes of grains to the intervention fund
November 19, 13:20
Russia harvested 110 mln tonnes of grains
November 19, 11:10
Russia decreased grain shipment volumes from the seaports
November 19, 10:20