16 June 2004 01:37
Russian Railways to invest 1.87 trln rubles in development
MOSCOW. June 16 (Interfax) - OAO Russian Railways plans to invest 1.87 trillion rubles in development in 2004-2010,
of which 280 billion rubles will be attracted from outside investors, according to a strategic development program
approved by the company's executive board.
The company's PR department said that the company is currently
considering "various options for attracting investment into
The program includes attracting 280 billion rubles in outside investment, including 130 billion rubles under leasing
schemes for carriages and engines from Russian engineering plants.
infrastructure development and into projects to update the carriage and engine fleet, including bond issues amounting
to 12 billion rubles on the domestic market and up to $1 billion on the external market." The company also said
that it has signed cooperation agreements with a number of large Russian banks. [RU EUROPE ASIA EEU EMRG RRL CORA RESF
ISU DBT EUB BNK LOA] rd <>
[Interfax] |
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