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Russia: SKZD will develop southern railways

October 2008.

More than RUR 500 billion (EUR 13.68 billion) is planned to be invested by North-Caucasian Railways (SKZD) in development of railway transport in the South federal district before 2030. A total of RUR 29.3 billion is to be rendered in 2008, Logistics Finlad informed.


The company's projects in the Krasnodar region and those implemented near the southern ports are to be priority in financing, which can be explained by the development of the region's economic potential and preparation for the Olympic Games 2014.



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