Infrastructure

Putin Wants Russia’s Largest Companies To Relocate To The East 

Economy, Infrastructure, Investment

Russian President Vladimir Putin has ordered plans to be developed for major state-run companies to relocate their headquarters from Moscow to other parts of the country. The move is aimed at boosting regional budgets, help alleviate labor shortages, and reflect the growing importance of Russian development towards Asia.  De-centralization would also boost the economies of […]

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Direct Rail Freight Service Launched From Ulyanovsk to Turkmenistan onto Iran & Pakistan

Infrastructure, Logistics & Transport, Trade

A new block container train will be launched from Ulyanovsk to Turkmenistan, Alexey Russkih, the Ulyanovsk governor has stated at the International Industrial Exhibition Innoprom. This will allow goods from the Ulyanovsk region to be directly delivered to Turkmenistan, and also to Iran and Pakistan. Russkih said that “Together with colleagues from the Turkmen railways,

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Russia’s Special Economic Zones Attracting New Foreign Investors

Economy, Finance, Foreign Investment, Infrastructure

The Russian Ministry of the Economy has been assessing the effectiveness of the 44 Special Economic Zones (SEZ) in the country, including their fiscal effectiveness. SEZs are attractive investments for foreign investors as they typically offer reduced corporate income tax rates – typically zero for the first three-five years and at a 50% discount for

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Rus Mong Chin Flags

Russia-Mongolia-China Economic Corridor To Be Developed

China, Infrastructure, Logistics & Transport, Shanghai Cooperation Organisation

Russia’s Foreign Minister Sergei Lavrov has held trilateral meetings with Chinese Foreign Minister Wang Yi and Mongolian Foreign Minister Batmunkh Battsetseg on the sidelines of the Shanghai Cooperation Organization Council of Heads of State meetings in Astana.  The Russian Foreign Ministry said that “During a substantive conversation, they exchanged views on enhancing trilateral cooperation in

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Russia – Kazakhstan Bilateral Trade Reaches US$30 Billion  

Eurasian Economic Union, Infrastructure, Shanghai Cooperation Organisation, Trade

Russia – Kazakhstan bilateral trade is growing steadily, and has already reached almost US$30 billion, Russian President Vladimir Putin said during meetings with Kazakh President Kassym-Jomart Tokayev at the Shanghai Cooperation Organisation Heads of State summit held in Astana. Russia remains one of the main trade and economic partners for Kazakhstan, Putin said, adding “We

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Russian Passenger Flights Per Annum Third Highest In the World

Infrastructure, Logistics & Transport

The number of passengers for Russian airlines is expected to reach about 98.1 million over 2024, according to Russian Federal Air Transport Agency (Rosaviatsiya) head Dmitry Yadrov. This ranks Russia as the world’s third largest passenger aviation market, behind the United States and China, and just ahead of India.   Yadrov said that “For now, we

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Yakutia To Revive Skovorodino Railway With Connections Through To North China 

China, Infrastructure, Logistics & Transport, Trade

Yakutia Railways has proposed the restoration of the Skovorodino – Reinovo railway, which would connect with the Russian Railways network and the Russia-China border crossing at Dzhalinda and Mohe in China’s Heilongjiang Province. That in turn links directly to the provincial capital Harbin, with onward links to Beijing and the Chinese national rail system. Mohe

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The Proposed Kuragino-Kyzyl Railway Could Extend To Western China

China, Infrastructure, Logistics & Transport

The delayed Kuragino-Kyzyl railway line, which is planned to run from Krasnoyarsk Krai to Tuva in south-eastern Russia, close to the border with Mongolia, has been proposed to be constructed and now extended to Urumqi, the capital of China’s Xinjiang Province. The announcement was made by Vladislav Khovalyg, the head of the Republic of Tuva,

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Russia, North Korea To Build New Cross-Border Road Bridge 

Infrastructure, Logistics & Transport, Trade

Russia and North Korea have signed an agreement to build a cross-border road bridge. Currently, the only bridge between the countries, which crosses the Tumen River, is the Friendship Railway Bridge, which was opened in 1959.  The new road bridge will expand transport connections between Russia and North Korea. The proposal has been on the

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