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Vladimir Putin held a meeting on developing railway transport for the long-term future

April 10, 2007, Novo-Ogaryovo

The President considers it necessary to establish subsidiary companies of Russian Railways and to put these companies’ shares on the stock market. Vladimir Putin emphasised that the railway sector should increasingly attract private investment and therefore increase the market capitalisation of Russian Railways.

The head of state also noted that restructuring the Russian railway network requires making greater use of the private — public partnership and using the Investment Fund more actively.

The President emphasised that reforming the railways should not damage passengers’ interests in any way.

Prime Minister Mikhail Fradkov, head of Russian Railways Vladimir Iakunin, head of the Presidential Administration Sergei Sobianin, Presidential Aide Igor Shuvalov, head of the Presidential Experts’ Directorate Arkadii Dvorkovich, Economic Development and Trade Minister German Gref and Transport Minister Igor Levitin took part in the meeting.

April 10, 2007, Novo-Ogaryovo