Most of the investment will be in rolling stock. Under the baseline plan, 1540 coaches would be purchased during the next three years, followed by another 4080 coaches between 2013 and 2020. This compares with 1698 coaches by 2013 and 6864 coaches in the 2013-20 period under the ambitious scenario. In addition, RZD plans to acquire 200 RIC coaches for international services between 2011 and 2014.
RZD will own 100% of the Roubles 136.8 billion equity minus one share in FPC, which will function as an "independent market entity." FPC will be created on the basis of assets owned by RZD's Federal Passenger Directorate, which includes 43 depots, 29 coach stabling areas, 24,691 coaches, and 98,200 staff.
"Under the business plan that we have developed, the subsidiary to be created will be able to gain a stable position in the market of long-distance passenger transport, and will conduct independent economic activities in all target areas of its work, yielding an aggregate profit," says RZD vice-president Mr Mikhail Akulov.