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“not long ago We discussed the situation in the transport sector in General and agreed with you, I’ll see you separately to talk about the situation on Russian Railways”, started a conversation Vladimir Putin. This is a key sector for Russia given its territory, the volume of freight of importance to the economy. Special attention the President asked to be given to investment activity. After all, as the largest natural monopolies carry out the investment program depends on the health collectives and the economic condition of many industries. Two weeks ago at a meeting on transport Belozerov said that the company wants to maintain its investment at not less than 620 billion rubles, and maintain this could be due to the perpetual bonds. The government issued a decree on the placement of perpetual bonds RZD 370 billion.

Belozerov thanked for their decisions, which helped to reduce the amount of investment. JSC “RZD” – the leader in safety, energy efficiency and sustainability, is confirmed by international organizations, he said. “On security, our index is higher by 22 percent than the average, – said the head of the company. – We became winners of the competitions leaders of environmental activities”. “In March, we posted “green bonds”. This is a unique mechanism, and about the uniqueness of said rate of 0.84 for six years – 250 million Swiss francs,” said the speaker. In the past year, the net profit has tripled compared to 2018. This is due primarily to the growth of labor productivity – more than 6 percent over the past three years. “A good indicator” – he praised Putin.

For the first four months, the company invested $ 122 billion. “Our investment programme is nearly two million people working. We needed decisions in order for it to continue, and these decisions took place,” thanked Belozerov. “And we don’t leave quantum communication. In 2021, in the first quarter, we want to make a line Moscow – St.-Petersburg. Will be commissioned, we believe that this will improve reliability”, – declared the head of Russian Railways. Previously the company reported that the implementation of the project will implement the critical services of the new generation. Work continues on the unmanned “Swallow.” The Rapporteur also noted the increase in freight – especially container.

Achieved a unique result – done set by the President the task of speed of advance on the territory of Russia. “When the train is moving from China to Europe 2,5 thousand kilometers passes just two days”, – reported Belozerov. The head of Russian Railways told about the work on the Eastern polygon: “Your task we perform. Not just satisfied, but exceeded”. Recall in the East landfill includes BAM and Transsib. “East the landfill is large enough, there also there are different areas and different difficulty for each route. That’s what you think is the key?” – said Putin. “The key challenge is now the problem of Kuzbass. Following your instruction, we have been attached to the Memorandum, the volume of export and support of our colleagues, but we are trying to develop those areas to the economy of the Far East is also developing,” – said Belozerov. “Miners of Kuzbas it is necessary to help,” he said.

the Head of state returned to the subject of the investment program and specify how it will be reduced. “200 billion”, – said the interlocutor: was 820 billion, has now reached 620 billion rubles. “We primarily reduced investment, for example, in the design, which can be a little move,” – said Belozerov. “In the design process, I agree. But in the real sector is desirable all-taki to reduce to a minimum”, – said the President. “It is clear that to invest in anywhere or with big risks should not be”, he continued and asked carefully analyze the opportunities in terms of investment. “We have the option, when we can increase the volume at the expense of our means without the support of the Federal budget. We know how to do it, but we need time to prepare the material,” – said Belozerov.

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Jennifer Alvarez is an investigative journalist and is a correspondent for European Union. She is based in Zurich in Switzerland and her field of work include covering human rights violations which take place in the various countries in and outside Europe. She also reports about the political situation in European Union. She has worked with some reputed companies in Europe and is currently contributing to USA News as a freelance journalist. As someone who has a Masters’ degree in Human Rights she also delivers lectures on Intercultural Management to students of Human Rights. She is also an authority on the Arab world politics and their diversity.