Railways Ministry Restructuring To Take Up To Two Years

Railways ministry restructuring may last for 1.5-2 years. This forecast was made by Vice-Premier, Minister for Industry, Science and Technology Ilya Klebanov as he talked at a Moscow session of the central federal district council which summed up the results of 2001. He promised that in the near future Russia would adopt several laws facilitating modernization of railways. As reforms will be underway, financial flows, expenditure and revenues should be made transparent, said the vice-premier. Part of the ministry's general renovation is the passing of an investment programme. The government that has already declined the ministry's programme version is busy overworking it now. Contribution is being expected from all agencies reflecting the interests of carriers, industrialists and Russian regions.