Builders from Russia and China connect the two sides of the bridge across the Amur river

Press release, 09.10.2018

Moscow, October 9, 2018 - The Russia-China Investment Fund (RCIF, established by the Russian Direct Investment Fund (RDIF) and China Investment Corporation (CIC)) announce the joining of the Russian and Chinese halves of the first-ever railway bridge across the Amur river on the Russian-Chinese border. Russian and Chinese workers have installed the superstructure, connecting the two parts of the bridge, which are being built to meet each other.

The Russian side continues to actively build both the bridge itself and the adjacent railway infrastructure. The parties plan to complete construction in 2019.

The project to construct the border bridge across the Amur river is being implemented by RCIF, in cooperation with the Far East Development Fund (FEDF). The bridge will have a capacity of up to 21 million tons per year and will connect the Jewish Autonomous Region with the Chinese province of Heilongjiang. The bridge will create a new export corridor between Russia and China and remove infrastructure restrictions on the transport of goods between the countries. The crossing will significantly increase the turnover of goods and grow the competitive advantage of Russian producers and exporters in the region. Compared to other existing export railway routes, the bridge will reduce the distance to the final consumer by about 700 km.

Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF) and Co-CEO of the Russia-China Investment Fund (RCIF), noted:
“This first railway bridge between Russia and China is a symbol of economic cooperation between the two countries. It is a positive example of how international trade can be developed in the modern world and how we can literally ‘build bridges’ between countries. We hope that this unique infrastructure project will help fulfill the task set by the leaders of our countries to increase trade between Russia and China.”

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Russia-China Investment Fund (RCIF) is a joint fund, established by the Russian Direct Investment Fund and China Investment Corporation (CIC). The activity of RCIF is aimed at the development of bilateral economic, trade and investment relations between Russia and China. Further information can be found at www.rcif.com

For additional information contact:
Arseniy Palagin
Russian Direct Investment Fund
Press Secretary
Tel: +7 495 644 34 14, ext. 2395
Mobile: +7 916 110 31 41
E-mail: arseniy.palagin@rdif.ru

Andrew Hayes / Andrew Leach
Hudson Sandler
Tel: +44 (0) 20 7796 4133