Russia is investing huge amounts of capital to support its pivot to Asia, with massive road, rail, maritime, and air connectivity projects, as well as giant energy infrastructure projects, all underway. Russia aims to boost exports by increasing foreign infrastructure construction support by 13 times. Discover investment opportunities in Russian infrastructure. Analysis of key projects in transport, logistics, and energy. A vital resource for construction, finance, and engineering firms.
Sberbank has launched a QR code payment service for Russian nationals in, or visiting Tajikistan, the bank has stated. The roll-out is financially important as it uses QR technology for payment of goods and services, as opposed to bank operated wireless modems. The full functionality of the service will become widely available in 2025. Making […]
Russia’s Rosatom state nuclear energy corporation has forecast that the cargo flow along the Northern Sea Route (NSR) reached 37.9 million tonnes in 2024. The data was revealed by Vladimir Panov, Rosatom’s special representative for Arctic development. Rosatom is responsible for the operation of Russia’s nuclear ice-breaker fleet, which supports transiting container vessels. Panov said […]
Russia has begun developing a new gas pipeline to China via Kazakhstan that will have a planned annual capacity of 45 billion cubic meters (bcm), according to Russian Deputy Prime Minister Aleksandr Novak. In a model that will be of interest to Mongolia, China will receive 35 bcm of gas per year via the conduit, […]
Russia and Pakistan will launch the first direct freight train between the two countries next year as they seek to boost mutual trade, according to Pakistani Energy Minister Awais Leghari. Moscow and Islamabad are set to launch trial runs on the rail link to transport goods from Russia to Pakistan in March 2025, he said. […]
Russia and Azerbaijan have signed a cargo transit cooperation agreement concerning mutual use of the International North-South Transport Corridor, according to Rashad Nabiyev, Azerbaijan’s Digital Development and Transport Minister. He stated on Saturday (December 21) that “We met with Russian Deputy Prime Minister Vitaly Savelyev and Transport Minister Roman Starovoit during a visit to Moscow. […]
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A cross-border trade center will be created at the Kazakhstan-Russia border, as announced during a meeting between Kanat Khasenov, the Consul General of Kazakhstan in Astrakhan, and Igor Babushkin, the Governor of Russia’s Astrakhan region. Babushkin noted that the Republic of Kazakhstan is one of the main partners of Russia’s Astrakhan Oblast (Province) with strong […]
Russia’s Promsvyazbank (PSB) has begun developing a Russian payment infrastructure in Nicaragua and will develop an ATM network in the country, the bank has stated. PSB has installed its first ATM in the Nicaraguan capital, Managua, at a branch of Credicoop R.L. bank. It provides customers with access to cash operations in the national currency, […]
Russia’s State-Owned Direct Investment Fund (RDIF) has announced the launch of a strategic alliance within the BRICS to jointly develop Artificial Intelligence (AI), according to Kirill Dmitriev, the RDIF chief executive. RDIF’s government mandate is to make investments in high-growth sectors of the Russian economy, as well as co-invest alongside the world’s largest institutional investors, […]
Zimbabwe is looking for Russian assistance to build its own spaceport and send its first astronaut into orbit within the next decade, according to Painos Gweme, the director of Zimbabwe’s National Geospatial and Space Agency (ZINGSA). Gweme has stated that Zimbabwe has begun negotiations with Russia’s national spaceflight corporation, Roscosmos, about planned projects, including sending […]
Russia has announced an expansion of the list of countries whose nationals are eligible for its single-entry electronic visa (e-visa), including three African countries: Kenya, Eswatini, and Zimbabwe. The move is expected to improve travel between Russia and countries concerned, boosting tourism, business, and cultural exchanges. Russian Prime Minister Mikhail Mishustin signed an order on […]
Rail freight from China to Europe continues to rely heavily on transit through Russia, however the EU’s own sanctions, and especially new counter-sanctions imposed by the Kremlin, continue to create significant obstacles. For example, Italian logistics firms and importers have been complaining that containers following the China-Europe rail route have been stopping in Russia in […]
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