On the 3rd of February, the President of Russian Railways Oleg Belozerov held a meeting with the construction divisions of the company on achieving the target parameters in the sphere of capital construction in 2016.
During the meeting, the President of JSC “Russian Railways” noted that last year the building complex accomplished set tasks and the funds in the amount of 120 billion rubles were invested.
Oleg Belozerov also noted the implementation of the Moscow-Kazan HSR project.
"The progress in the design of the Moscow-Kazan HSR, in the development of the Eastern polygon, in the construction of the approaches to the ports of the North-West and the Black Sea Basin and in the reconstruction of the Moscow junction is being made very quickly.
The projects are very large and very important for the country and they are financed from different resources: the company’s own funds, National Welfare Fund and federal budget. At the same time, despite the optimization of government expenditures all targeted funds remain in the investment program of the company”, said Oleg Belozerov.
It was highlighted that in a challenging economic environment JSC “Russian Railways” has done a great job for cost savings. The updating of the plan of activities for developing the Eastern polygon saved more than 8 billion rubles and the savings amount of the funds devoted to the development of Moscow Little Ring Railway stood 2.8 billion rubles. The company is going to continue policy of retrenchment in 2016.
The participants of the meeting also discussed the issues related to the improvement of the pricing system, the enhancement of the efficiency of technical and design solutions used in projects, the timelines required for conducting the technology and price audit of the developed project documentation and for rectifying errors.
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