OREANDA-NEWS. In the first three quarters of 2007, Russian Railways (RZD) invested over 150 billion roubles in its own development, which amounts to about 60% of the total investment planned for the year, the company's information service reported.

Russian Railways' major projects now include:

- Shipping oil to China;
- Modernising railroad infrastructure on the Sakhalin island;
- Express passenger services between St.Petersburg and Buslovskaya and thence to Helsinki;
- High-speed passenger services between St. Petersburg and Moscow;
- Express passenger services between Moscow and Nizhny Novgorod, etc.

Russian Railways is planning to invest a further 110 billion roubles worth by the end of 2007.