Moscow to Invest 3.7 B USD into Rolling Stock Acquisition

Moscow Government signed contracts for rolling stock supply at the total of 240 B RUB (3.7 B USD), the RZD-Partner quotes Maxim Reshetnikov, Head of the Moscow Dept. of Economic Policy and Development. These contracts imply life-cycle management of the rolling stock.

“Contracts for life-cycle rolling stock acquisition are our largest PPP projects”, Mr. Reshetnikov said. “We have signed contracts worth of 240 B RUB”.