Construction of the bridge will cut current journey distances by about 700km.
Russia-China Investment Fund (RCIF) is investing jointly with OJSC Far East and Baikal Region Development Fund. Construction of the bridge will create a new export corridor between Russia and China, connecting the Jewish Autonomous Region with the Chinese province of Heilongjiang.
RCIF co-CEO Kirill Dmitriev said: "RCIF not only builds financial bridges between Russia and China, but also invests in the infrastructure to benefit both countries. Railway border crossings in the region are currently operating close to maximum capacity. The future development of new natural resource deposits and increased level of traffic over the next 10 years means the region could face a shortage of export transportation capacity. The construction of a bridge across the river Amur is an important step in modernising the Far East transport infrastructure and will help to prevent breakdowns in the regional transport network.”
