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Russia considers $12 billion Hyperloop project to link Moscow and St. Petersburg

  • “According to western price standards, implementing such a project would cost $21 billion, while in Russia the cost would not exceed $12-13 billion,” RBC quoted Zaitsev as saying.
  • Zaitsev also said that the project has been backed by Gordon Atlantic , an international economic development service operator.
  • The first section of the transport system could link Moscow to St. Petersburg – a distance of nearly 650 kilometers, – according to Anatolyi Zaitsev , an official from the St. Petersburg State Transport University cited by RBC.
  • Russia considers $12 billion Hyperloop project to link Moscow and St. Petersburg
  • On its side Russian Railways , the national railway company, is considering cooperation with Hyperloop One, one of the two US companies developing such projects.

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“Russia is technologically ready to launch such large-scale projects as Elon Musk’s Hyperloop,” Russian minister of transport Maxim Sokolov said in mid-May at a press briefing in the southern Russian city of Sochi.


Russia considers $12 billion Hyperloop project to link Moscow and St. Petersburg