China Railway Construction Corporation International (CRCCI) announced on Tuesday that it has inked a construction deal to build a section of the Moscow-Kazan Highway project in Russia. The project is worth 5.2 billion yuan ($767 million). This is the first time that a Chinese company has signed an engineering, procurement and construction contract for a national highway project in Russia. The Moscow-Kazan Highway is part of the Russian section of the Europe-Western China Transport Corridor, a megaproject that connects Russia, Kazakhstan and China. CRCCI will be in charge of building a 107-kilometer-long section of the Moscow-Kazan Highway, with a total length of 729 kilometers. It is expected that by its completion in 2024, the travel time from Moscow to Kazan, the sixth-largest city in Russia, will be shortened from 12 hours to 6.5 hours.
