China Railway Group Ltd, an infrastructure construction company, will build a high-speed railway in Russia connecting the country's third-largest city Yekaterinburg with Chelyabinsk, as the Chinese company's overseas business keeps expanding.
The project will involve a total investment of $2.5 billion.The train is expected to run at a speed of up to 250 kilometers per hour.
The high-speed rail link is expected to cut the current journey time between two cities to approximately one hour and 10 minutes from five hours.
It is a promising project with huge potential. We believe it will boost the region's economic development, and benefit local people after its completion.
The high-speed rail link has great potential, as it will be part of the high-speed transit corridor passing through Berlin, Moscow, Astana and Beijing, Boris Dubrovskiy, governor of Russia's Chelyabinsk region.
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