Russia considers building hyperloop to China

{caption}

Russia’s Transport Ministry is considering the Elon Musk-proposed Hyperloop concept to connect China with the Russian Far East and may propose the idea to Beijing.

"The Russia-China intergovernmental council will convene in a month. I will suggest that my counterpart consider this project, in particular in terms of investments," Russian Transport Minister Maxim Sokolov told journalists, as reported by Russian TASS news agency.

According to TASS, the high-speed Hyperloop would potentially be between China and the port of Zarubino.

"Today we discussed this project with the company’s leadership under the aegis of Elon Musk. We agreed that we would offer a project for developing the Primorye-2 corridor, a 70-kilomerter-long section between China and the Primorye territory with an exit to Zarubino port, to the company as a pilot project. Colleagues claim that the infrastructure will be cheaper than the railway: the cost of construction of a 70-kilometer-long railway may vary from 30 to 40 billion rubles [455.4-607.2 million U.S. dollars]," Sokolov said.

Sokolov noted that there is already a fund to support Silk Road projects, and that the hyperloop “may count on a 100 percent co-financing from this fund,'' OilPrice.com reports

The Russian Ministry estimates the cost for this Hyperloop to be around $455-$607 million—just for the pilot section.

© Photo :{caption}
9240 views
Поделиться:
Print: