JSC Russian Railways plans to revise the investment program for 2012, increasing it by 31.7 billion rubles compared to the previously approved one. If this decision is made, the total volume of the Russian state-owned company's investment program this year will amount to 460.1 billion rubles (previously - 428.4 billion rubles). First Vice-President of Russian Railways Vadim Morozov told reporters about this.

As the reasons for increasing the investment program, Morozov cited an increase in the state-owned company's income and at the same time a reduction in expenses. Moreover, the additional funds indicated above are not funds allocated from the budget, but our own earned money, which will be invested in the most important infrastructure facilities and rolling stock.

Earlier, the head of the company, Vladimir Yakunin, said that in January-July 2012, Russian Railways invested 183 billion rubles, or about 40% of the company’s annual costs. In seven months, according to him, fixed assets worth more than 70 billion rubles were introduced - commuter train traffic was opened on the route Vladivostok - Knevichi Airport and Sochi Airport - Adler. Construction of a new bridge has been completed on Sakhalin.

How much Russian Railways will earn in the future will be clear from the meeting with Russian Prime Minister Dmitry Medvedev, which will take place in Tomsk during the head of government’s trip to the Siberian region. During the meeting “On long-term tariff policy in railway transport,” its participants will discuss the current tariff policy of Russian Railways, issues of indexation of tariffs for railway transportation, and financing of railway transport development programs. This meeting continues a series of events dedicated to the development of transport and transport infrastructure, which started in early July in Vladivostok.

The investment program of Russian Railways for 2012 will increase by 31.7 billion rubles - up to 460 billion