RZD to present 2024 investment program to govt soon

MOSCOW. Oct 30 (Interfax) - JSC Russian Railways will soon present its 2024 investment program to the government, deputy RZD chief Alexei Shilo said.

"Last year, I believe, was a record year in terms of investment in infrastructure - 883 billion rubles was invested, with more than 1 trillion rubles this year. I can say that in a few days time we will defend next year's budget before the government. There, too, the figure for the development of the infrastructure of the Eastern Polygon is of course at record values," he said during a panel session at the International Customs Forum in Moscow.

In early October, in an interview with the Rossiya 24 TV channel, RZD chief Oleg Belozerov said that according to the forecast, the investment program for 2024 may amount to about 1.3 trillion rubles, but "according to our estimates, the investment program should be somewhere around 2 trillion rubles," he said.

Earlier, the RZD board also approved an increase in the investment program for 2023 from 1.1 trillion to 1.19 trillion rubles.