Siemens in trilateral talks to provide rolling stock for Moscow-Kazan line

Moscow-Kazan: Siemens, the German engineering multinational with headquarters in Berlin and Munich, is in talks with the Russian and Chinese  governments  about the possibility of providing the rolling stock for the 770km  high-speed rail link between Moscow and Kazan. The new line is expected to cut the journey time between the two cities from between 12 and 14 hours to 3.5.
“We may consider a trilateral partnership,” its President for Russia and the CIS Dietrich Moeller told  Vedomosti  in an interview published yesterday. “We [already] have a joint venture with the Russian Sinara group and excellent relations with China in the field of train production. We have also provided both countries with our Velaro technology.

President Vladimir Putin first tabled the idea of building Russia’s first high-speed railway between Moscow and Kazanvia Vladimir, Nizhny Novgorod and Cheboksary back in 2013 as part of a larger project to link Moscow and Yekaterinburg. Last year, Russian Transport Minister Maxim Sokolov announced Moscow and Beijing had agreed to invest $19.7bn in the project.
Source: rbth