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Metro Doing Joint Venture With Railroad

A subsidiary of Russian Railways will be tasked with building infrastructure to help connect drivers to metro stations that don't have links to railroad stops like the one above. Denis Grishkin

Russian Railways-Razvitie Vokzalov, a subsidiary of the country's railroad monopoly, is giving hope to the city's exhausted commuters with its plans to create a joint venture with Moscow Metropolitan.

The new company, called RV-Metro, will be tasked with building infrastructure to facilitate drivers' access to metro stations that don't have links to railroad stations, Interfax reported.

The first metro stations slated to get renovations include Bibirevo, Medvedkovo, Molodyozhnaya, Domodedovo, Bulvar Dmitriya Donskogo, Yasenevo, Polezhayevskaya and Pyatnitskaya, which is currently still in the construction phase.

The planned venture would create park-and-ride zones, retail infrastructure and multi-story parking. Priority in retail will be given to press, floral, fast food and travel merchandise shops.

Investments in infrastructure are estimated at around 100 million rubles per station ($3 million), RBC Daily reported. The companies plan to attract co-investors to finance the projects.

The agreement between Russian Railways and the Moscow government applies to 63 metro stations.

Russian Railways-Razvitie Vokzalov is currently preparing project documentation for building infrastructure near 10 metro stations that have exits directly to railroad platforms, including Vykhino, Dmitrovskaya, Petro-Razumovskaya, Tushino, Timiryazevskaya, Tsaritsyno, Elektrozavodskaya, Kuntsevskaya, Lianozovo and Nagatinskaya.

In 2011, city officials gave the railroad company permission to revamp squares in front of Moscow's railroad stations and 55 areas next to metro stations that are near railroad stations.

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