On August 6th, local time, Russian Deputy Prime Minister Malat Khusnurin said in an interview with TAS News that given the potential risks along the Bosporus Strait and the Strait of Hormuz, it is necessary for Russia to study the construction of railway routes leading to the Indian Ocean.
The railway passage to the Indian Ocean also needs consideration. Considering the risks in the Bosporus Strait and the Hormuz Strait, alternative shipping routes might be needed: via Turkmenistan, Iran, Afghanistan, and Pakistan. Any route leading to India is feasible.” he said.
He also added that the Russian construction industry needs long-term financing.
Russia's construction industry currently has the capacity to invest an additional 1 trillion yuan annually. However, if the scale can be sustained for the next five years, production capacity can be expanded and more projects developed." He concluded.
