The Chinese company, a large-scale state-owned enterprise specializing in infrastructure investments, has signed a memorandum of understanding with the Republic of Komi with the ultimate goal of developing the Belkomur, the railway line connecting the northern Russian cities of Perm and Arkhangelsk.
The memorandum was signed in Shanghai in a meeting with Komi Deputy Governor Aleksandr Burov, the Komi regional government informs in a press release. The two sides will now establish a working group, which is to “start developing a mechanism for the joint implementation of the project with assistance from the Chinese and Russian governments”.
The new agreement could mark a turning point in the long-dragged Belkomur story. A project development company with branch units in the three involved Russian regions was established in 1996. However, the project company soon collapsed following a lack of funding and political interest from federal authorities. In 2007, regional authorities resumed their lobbying of the project.
If built, the railway line will establish a new far shorter link between Siberia and the Ural region with the Russian northern port of Arkhangelsk. The line will be 1252 km long of which about 712 km remains to be built. The price tag for the whole project is estimated to almost 600 billion RUB (€15 billion), of which more than 80 percent is to come from private sources.
The China Civil Engineering Construction Company is a major international investor in rail infrastructure. By the end of 2011, the number of CCECC’s projects under execution amounted to 128 with total contract value of more than $8.3 billion, the company website informs. A lion’s share of the company’s investments is made in railway infrastructure in African countries.
Russia’s only aircraft carrier, the Northern Fleet’s “Admiral Kuznetsov”, has finished repairs and is ready to leave the port of Murmansk. According to a Russian news agency, the vessel will sail to Syria.
A century and a half ago, Norway was home to roughly three thousand brown bears, the majority of bears in all of Scandinavia. By 1930, the bears were virtually extinct. Decades of aggressive management tactics and bounties had wiped out one of the area’s most iconic species.
Microplastics, the tiny plastic particles that are accumulating in marine waters and big lakes around the world, are now showing up in the Arctic waters south and southwest of Svalbard, Norway, a new study says.
REYKJAVIK: The climatic changes taking place in the Arctic are a call to action for the world. We must answer with more international cooperation and more research, says Tore Hattrem, State Secretary of Norway’s Foreign Ministry.
“Partnership should and shall shape the development of the Arctic, therefore cooperation is the starting point for our Arctic policy,” Vladimir Barbin, Senior Arctic Official and representative to the Arctic Council, said at the Arctic Circle 2015 assembly.
August 9th, the Barents Region celebrated the UN International Day of the World’s Indigenous Peoples. The day was commemorated in several parts of the region, including Karasjok in Northern Norway and Teriberka in Northwestern Russia.
Norway’s Foreign Minister Børge Brende has asked Russia for an explanation to the high number of asylum seekers coming to Norway via Russia. Syrian refugees that have lived in Russia for a long time, will be stopped on the border and sent back.