Keep up with the news by installing RT’s extension for . Never miss a story with this clean and simple app that delivers the latest headlines to you.

 

​Russia and China to construct first rail bridge across Amur River

Published time: May 20, 2014 13:18
Edited time: May 20, 2014 14:10
General Director of the Russian Direct Investment Fund Kirill Dmitriyev.(RIA Novosti / Alexander Paniotov)

General Director of the Russian Direct Investment Fund Kirill Dmitriyev.(RIA Novosti / Alexander Paniotov)

Russia and China have agreed to build the first cross-border rail bridge over the Amur River by 2016, following President Putin’s visit to Shanghai. The bridge will cut transportation times and increase trade.

Construction of the bridge is scheduled to start within the next few months.

"It is the first ever bridge between Russia and China. Now generally there are no bridges between our countries: neither automobile, nor railway," Kirill Dmitriev, the head of the Russian Direct Investment Fund told journalists on Tuesday.

"RCIF [Russia-China Investment Fund] not only builds financial bridges between Russia and China, but also invests in the infrastructure to benefit both countries," Dmitriev said in a press release on Tuesday.

The bridge will be a project of the Russian-Chinese Investment Fund and will be able to handle 21 million tons of traffic a year. It will connect the Jewish Autonomous Region with the Chinese province of Heilongjiang.

Google map

The new export corridor will make it easier to transport oil and gas from the new fields developed in Eastern Siberia and the Far East.

It will also significantly increase the turnover of goods and competitiveness of Russian exporters in the region. The new route will reduce the distance to the end customer by about 700 kilometers compared to other rail routes.

According to Kirill Dmitriev "railway border crossings in the region are currently operating close to maximum capacity.The future development of new natural resource deposits and increased level of traffic over the next 10 years means the region could face a shortage of export transportation capacity."

In the first day of a two-day trip to China Russia’s President Vladimir Putin said the two countries will increase their bilateral trade. According to the President in 2013 the trade turnover between Russia and China grew almost 2 percent to about $90 billion.

Following the same pace Putin expects the trade to reach $100 billion by 2015.

Comments (12)

 

Joseph Tan 03.07.2014 15:04

The rail that cross the Amur will it be the Russian gauge or the standard gauge (used by China)?

 

lolo 21.05.2014 07:20

freeworldlogic two 20.05.2014 23:56

The real news that Russia Today missed was Russia and China couldn't agree on a price to make a deal.

  


If you actually watched RT instead of reading what CNN says about RT, you would know they ran that story the whole day yesterday with Aleksey Yaroshevsky. They did mention the whole day that pricing is the remaining issue because Turkmen gas to China is very cheap

 

Suyanto Ng 21.05.2014 03:02

Good luck, new link between China and Russia. China was my forefather land and I'm glad China can solve their different with Russia and cooperate more closer now.

View all comments (12)
Add comment

Authorization required for adding comments

Register or

Name

Password

Show password

Register

or Register

Request a new password

Send

or Register

To complete a registration check
your Email:

OK

or Register

A password has been sent to your email address

Edit profile

X

Name

New password

Retype new password

Current password

Save

Cancel

Follow us

Follow us