Fundraising for Development of the Eastern Polygon

Abstract

Recently, China has become a particularly important strategic partner for Russia. The transport corridor between Europe and Asia, passing through Siberia, can provide additional revenue for the carrier and modernize the railway infrastructure. Its condition will also affect the economic development of the Siberian region. The traditional sources of expanded reproduction financing are profits, additional investments of founders or raised funds. Due to the deficit of the federal budget, the possibilities for increasing investments in the capital of JSC “Russian Railways” (“RZD”) were limited. About two thirds of investment projects are financed by the raised funds. But under Western sanctions, the traditional sources of cheap resources attracted from European financial markets are closed. As a result, more and more long-term resources are attracted from Russian banks and at the expense of domestic bond loans. In this regard, the savings of the population become a particularly significant source of investment resources to be transformed into investments both through the banking system and the securities market using individual investment accounts.