UrBC, Yekaterinburg, June 5, 2017. Governor of Sverdlovsk Region Evgeny Kuivashev contributed to signing an agreement between Russian Railways and Sverdlovsk and Chelyabinsk Regions to put up a high-speed railroad between Yekaterinburg and Chelyabinsk, Governor of Sverdlovsk Region’s Information Policy Department reports.

The agreement was signed during Saint Petersburg International Economic Forum 2017 by Governor Kuivashev, Governor of Chelyabinsk Region Boris Dubrovsky, and President of Russian Railways Oleg Belozerov.

‘We expect the project to increase traffic capacity dramatically, attract extra investments, and provide a way for our railcars and locos. Most importantly, this is part of a larger national program on the construction of high-speed railway lines in Russia that was adopted by Russian President Vladimir Putin. Besides, integrating Sverdlovsk Region-based and Chelyabinsk Region-based businesses is also essential. A new railway link means new jobs, new trains, and new technologies, so both the state and the private investors are interested in the project’s benefits. This is why this is going to be a mutually beneficent public-private partnership,’ Kuivashev said.