Rus News Journal

Board of directors " the Russian Railway " will consider on October, 29th projects of the program of capital investments and the company budget for 2005

Open Society Board of directors " the Russian Railway " will consider on October, 29th projects of the program of capital investments and the company budget for 2005. On it it is informed in a press - the release of the company which have entered " News " on Thursday.

2 the question on Open Society participation is included in the agenda " the Russian Railway " in financing of building of a starting complex of Tommot - Kerdem.

Programs of capital investments and the company budget for 2005 have been considered on October, 22nd by company board. According to the board decision, the total amount of planned investments will make about 148,1 billion roubles without the VAT, from which more than 138,5 billion roubles - own company`s resources. The most part of means of the investment program - over 60 % - will be directed again on development infrastuktury a railway transportation, about 25 % it is supposed to enclose in acquisition, upgrade and rolling stock service.

volume of capital investments in building of a line of Tommot - Kerdem is certain by the governmental order of the Russian Federation " ABT urgent measures on building of a railroad line of Berkakit - Tommot - Yakutsk " at a rate of 15 billion roubles from which of the budget of the Russian Federation it will be allocated two billion roubles, the government Republics Sakhas (Yakutia) - nine billions roubles, Open Society " the Russian Railway " - four billion roubles. Extent of a site of Tommot - Kerdem will make 358 kmlometrov, building term - six years (W 2005 for 2010).

Building of a railroad line of Berkakit - Tommot - Yakutsk has great value 4 all Severo - East region of Russia, has informed a press - service.