Russia mulls plan to build $2.6bn Arctic rail link
20 January 2022
Russian president Vladimir Putin has floated the idea of a rail link to the coast of the Barents Sea as part of a plan to develop Russia’s Arctic regions, which are becoming ice-free for longer periods in the year as global temperatures rise.
The Kremlin instructed the Russian government to submit proposals for the link on Friday. This called for “proposals for the creation of a railway route to the Barents Sea in the area of the bay of the Indiga River”. The deadline for a response was given as 10 May.
When complete, the line will provide a direct route to the north trade route for the industrial regions of the south Urals, the Caucasus and Central Asia.
The cost of the line was estimated in 2020 to be about $2.6bn. The Barents observes that the link is not included in Russia’s long-term investment plans.
Related
-
GE Vernova wins Kühmoos grid upgrade contract in Germany
13 July 2025
-
Masdar and Iberdrola co-invest $6bn in East Anglia THREE offshore wind farm
13 July 2025
-
New Murabba signs up South Korean firm for design works
12 July 2025
-
SkyWorld acquires Batu Kawan land for affordable housing project
11 July 2025
-
Morocco begins Casablanca airport expansion works
10 July 2025
-
Iraq shortlists 10 global bidders for Baghdad Airport PPP redevelopment project
10 July 2025