RUSSIA: The government has approved a second loan for the purchase of rolling stock for urban and suburban rail services around Moscow.
The two 15-year, 3% loans approved in October and July have a total value of 106·7bn roubles.
The city government intends to use 49·7bn roubles to purchase trains for metro lines which are currently under construction, including the ‘Big Circle’ Line 11. The remaining 57bn roubles will support the procurement of trains for the MCD-3 and MCD-4 regional express suburban lines.
