BELARUS NEWS AND ANALYSIS

DATE:

31/05/2009

Belarus Railways to be partly privatized

According to RZD-Partner referring to Belarus sources quoted Mr Vladimir Yakunin the president of the Russian Railways told at a press conference in Minsk that RZD may participate in privatizing Belarus Railways.

Mr Yakunin said it is quite possible that we will participate in the privatisation. I think that Belarus Railways may have a desire to own a package of Russian Railways shares, too. One way or another Belarus and we are elements of the same transport corridor. Whether Russian Railways is a co owner of the Belarus Railways infrastructure or not we are destined to working out a single tariff and technological policy together.

Speaking about the prospects of cooperation of the two railway authorities, Mr Vladimir Yakunin added that the time when the railways of Belarus and Russia will arrange the circulation of new trains with automatically adjusted track gauge to and from Europe may come soon.

Source:

http://steelguru.com/news/index/2009/05/31/OTY0NTY%3D/Belarus_Railways_to_be_partly_privatized.html

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