Rolling stock company forges ahead in Russia

Chinese company, partners to work on Moscow-Kazan high-speed railway

China's rolling stock makers are anticipating more exports of high-speed train technologies to Russia, after a consortium of a Chinese railway engineering survey and design company and two Russian firms won the bid for a high-speed rail project linking Moscow to Kazan in Russia.

The Russian Railways signed a 20 billion rouble ($390 million) agreement with the consortium of two Russian companies and China Railway Eryuan Engineering Group Co Ltd for engineering research, development, project planning, land survey and design documentation for the construction of the high-speed rail line, according to Russia's Tass news agency.