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The main directions in transport policy were discussed at a sitting of the State Council presidium

October 28, 2003

President Vladimir Putin said that a very important issue in development of transport in Russia is the creation of an optimal model of financing transport projects. The capabilities of the state budget and private capital should be flexibly combined as the role of private investment in the transport system grows.

For the development of transport, new forms of prospective projection and planning are required, along with the stimulus of innovations and the creation of favourable investment conditions.

Among the most important tasks, the President named determining the role of the state in the development of transport.

October 28, 2003