Bloomberg News

President Medvedev Opens Rail Link to Resource-Rich Yakutsk

November 15, 2011

Nov. 15 (Bloomberg) -- President Dmitry Medvedev today opened a link connecting natural resources rich Yakutsk to Russia’s main railway lines.

The link connecting Yakutsk to Baikalo-Amurskaya railway will allow transport of over 12 million tons of cargo by 2015 and 20 million tons by 2030, Vladimir Yakunin, chief executive officer of OAO Russian Railways, told reporters.

Yakunin said separately that a planned railway bridge over the Lena river may cost $2 billion.

To contact the reporter on this story: Ilya Arkhipov in Moscow at iarkhipov@bloomberg.net

To contact the editor responsible for this story: Shamim Adam at sadam2@bloomberg.net


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