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China to build new Moscow subway line

Staff writer |
JSC Mosinzhproekt, China Railway Construction Company, and China International Fund signed an agreement for the construction of a new subway line southwest of Moscow, reports Economic Observer.

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The New Moscow project covers 148,000 hectares, and requires an urban plan that integrates the surrounding suburbs. The model of this plan is Beijing's plan to develop eleven new satellite cities between 2005 and 2020.

The New Moscow project aims to double the size of Moscow. It is expected that by 2035 the investment will reach $2000 billion, Want China Times reports.

Reorganization of the existing traffic infrastructure is needed to link Moscow to the suburbs. The line will start from the station of the third interchange circuit Ulitsa Novatorov, extending to Stolbovo station. The estimated length of the line is 14.9 km, and it will connect six stations.

The line will bring in international and professional skills, creating a huge amount of job opportunities for Moscow, said Marat Khusnullin, the deputy major of Moscow.

This is the first agreement of its kind signed between Moscow and China and the finer details of the project still remain to be discussed. Preliminary reports state that the project will be worth tens of billions of dollars.

Mr. Khusnullin says that Moscow has begun the primary examination of the project in the hope of setting a date for construction as soon as possible. It is an extremely complex project in terms of legal procedures, involving many different contracts. Moscow is currently in intense negotiations with certain companies, according to him.

Sergey Cheremin, minister and head of the Department of Foreign Economic and International Ties, told a reporter from the paper that China is very experienced and efficient in the construction of subways. The subway is the core infrastructure of Moscow, and it can efficiently ease the pressure of surface traffic.

Moscow has also signed a cooperation agreement with Beijing Municipal Institute of City Building & Design.

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