Moscow-Kazan rail project: Investors were yesterday given a sneak preview of the Moscow-Kazan high-speed railway concession project. The railway will be the first genuine high-speed link in Russia with trains reaching speeds of up to 400km per an hour, reducing the journey between Moscow and Kazan from some 13 to 3.5 hours. The project is expected to cost around $40m per km compared to a global average of $49m. The Moscow Times