Russia and Kazakhstan agree route for high-speed EurAsia Land Bridge

EurAsia Land BridgePlans for a 300km per hour high-speed EurAsia Land Bridge rail link running from China to Western Europe via Russia and Central Europe came one step closer to fruition this month when Russia and Kazakhstan agreed a route for the tracks across the two country’s territories which will see the service run from Moscow to Aktynol close to the dry port of Khorgos on the Kazakh-Chinese border, provisionally via Kazan, Ekaterinburg, Chelyabinsk, Gorbunovo, Petropavlovsk, Kokshetau, Astana, Karaganda, Balkhash and Almaty.
The two sides have agreed to set up a working group by the end of the year that will be tasked with preparing a detailed feasibility study for the project, which is expected to take nearly 20 years to complete. Both Moscow and Beijing have high hopes for the project, with Russia calculating that volumes of cargo traffic will rise from 6.4m tons in 2030 to over 12m tons in 2050. China is even more bullish and expects that figure to have reached 15m tons by midway through the current century.
Russia's Deputy Prime Minister Igor Shuvalov
“The Eurasian high-speed corridor connecting China with Western Europe project through the territory of Kazakhstan and Russia is important for both our countries,” First Deputy Prime Minister Igor Shuvalov told the¬†Intergovernmental Commission on Cooperation between Russia and Kazakhstan, where the agreement was announced. “We now hope to enter into constructive negotiations with China and Belarus and with our European partners.”
China has already agreed to invest around $7bn in the project, around 25% of which is earmarked for the Moscow-Kazan leg of the rail link. A German consortium, whose members include Siemens, Deutsche Bank and Deutsche Bahn have also put up more than $3bn for the Moscow-Kazan section, and construction is expected to begin next year.

Source: Gazeta