Shuvalov: Russia to suspend megaprojects, develop transport infrastructure

(Interfax – VLADIVOSTOK, September 28, 2013) – Russia will take a break in megaprojects under the current complex circumstances but will continue to develop its transport infrastructure.

“There will be no such megaprojects as the Sochi Games in 2014 but there will be other very important projects, such as transport infrastructure for greater passenger and cargo mobility. They will not be revised,” First Deputy Prime Minister Igor Shuvalov said in an interview with the Vesti v Subboty program.

He said the government would not revise its plans regarding the Central Ring Road, the Moscow-Kazakh railroad line, the Vostochny space center and the Baikal-Amur and Trans-Siberian railroads.

“They (the projects) will remain on the government agenda and be financed with the National Wealth Fund’s money,” Shuvalov added.