On Friday, President Vladimir Putin held a meeting

On Friday, President Vladimir Putin held a meeting on the development of the Trans-Siberian and Baikal-Amur Mainline. The condition of roads does not inspire optimism: increased turnover led to the emergence of "bottlenecks" that impede business activity in Eastern Siberia and the Far East. In this regard, the President instructed the government to prepare a detailed schedule for the modernization of the BAM and the Trans-Siberian Railway. "We need to structure a detailed organizational chart of modernization and BAM and Trans-Siberian Railway, carefully calculate the return on the project and return on investments, the timing of such a return. Propose to involve an independent financial adviser who, on a competitive basis to be selected by the Government of Russia," - said the president.

Ambitious plans to upgrade Trans not only require substantial public investment and a massive influx of private capital. But the investors decided to invest, they need to know the key parameters of the projects. "Everything should be transparent: the expected operational flow, volume and sources of financing, and the terms of raising funds, including those from the National Welfare Fund" - demanded that the head of state.

As will be distributed resources, gave details Transport Minister Maxim Sokolov. According to him, the best financial option this project - about 560 billion rubles, which will be released in stages until 2018. 300 billion of this amount will be spent within the investment Railways, 110 billion - in the form of direct budget investments and allocate another $ 150 billion on a returnable basis of the National Welfare Fund. The minister said that the funds for NWF will attract 50 billion rubles a year in 2014-2016. The government expects that the modernization of the BAM and the Trans-Siberian Railway to increase capacity from 110 to 165 million tons. The capacity of Russian railways in the Eastern range, thus to increase by 55 million tons of cargo a year.