4 (12) December-February 2007

ОАО RZD outlines the long-term targets: Railway engineering development passes ahead of the general rates of industrial development in Russia. OAO RZD Vice-President Valentin Gapanovich comments on the basic prospects of the sector, production acceptance criteria and problems the national engineering sector is to face in the near future.

Target-Oriented Development: At present the RF Ministry of Transport is developing a new Federal target programme “Development of Transport System of Russia” with the budget worth RUR 3 trln. The programme will be implemented in 2010–2015 and is aimed at modernization of large-scaled projects in road, railway and sea transport.

Let’s fight rolling stock deficit!: Deficit in rolling stock has resulted in railway machine engineering boom and as a result growth of demand for new railway engineering production by OAO RZD and private operators. In 2007 growth of rolling stock production is estimated at 15%.

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