The Russian authorities have given "green light" to a major project: building a 100 km tunnel under the Bering Strait (Russian Far East), reports the newspaper "Times" citing a spokesman for the Chamber of Commerce Russian-British. According to the newspaper, the tunnel was needed to "connect the transport systems of Eurasia and America." To achieve the ambitious project, estimated at 100 billion dollars, Russia must build their part of the tunnel in 2030 by placing approximately 5000 kilometers of tracks.
United States, according to the construction project presented by the Russian authorities, will made the excavation by him and tend some 2000 kilometers of railway. Freight transport by road between Eurasia and the U.S. will be less expensive, faster and safer than by sea, said the "Times." The time taken to complete the project will be between 10 and 15 years, said Victor Razbegin, deputy director of industrial development of the Russian Economy Ministry.
United States, according to the construction project presented by the Russian authorities, will made the excavation by him and tend some 2000 kilometers of railway. Freight transport by road between Eurasia and the U.S. will be less expensive, faster and safer than by sea, said the "Times." The time taken to complete the project will be between 10 and 15 years, said Victor Razbegin, deputy director of industrial development of the Russian Economy Ministry.
The cost of the tunnel through the Bering Strait is estimated to be 10 to 12,000 million, while the rest will be spent on the railway. Russia and the United States would take each a 25% share, with private investors and international finance agencies as other shareholders.
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