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Five-year investment programme for Russia’s regional tramways

State financing package to bolster local and private funding for fleet and infrastructure renewals

The Russian Government has confirmed a five-year RUB100bn (EUR1.17bn) programme of investment in the country’s tramways, to include improvement of transport integration and street lighting projects. The money will be provided to the regions in the form of state loans from 2023 to 2027 and will be supported by private sector investment agreements and other sources.

The measure was approved by a Government decree in December, alongside amendments to the rules for future budget loans to separate infrastructure improvements and rolling stock renewal projects. Regions must submit their applications for funding by 1 October, with the Ministry of Transport assuming responsibility for the selection of projects.

Confirming the investment schedule on 24 December, Prime Minister Mikhail Mishustin said that over a dozen regions have expressed their interest in the programme, adding that the funding would support the purchase of more than 1500 new trams and construction of 700km (435 miles) of new and refurbished tram tracks, as well as the acquistion of 400 new electric buses and installation of 120 charging stations.