Construction of 2,000-km highway linking Europe with China through Russia to start soon
The agency said that Russian politician Dmitry Medvedev approved the first phase of the project, which will be funded as part of a partnership between private investors with state support. The project will cost an estimated USD 9.4 billion.
RIA Novosti reported that more than 80% of the land needed for the construction of the highway has already been bought, CNN adds.
The project is just one of many aiming to improve infrastructure and connectivity in the area.
In 2013, Chinese President Xi Jinping launched the The Belt and Road Initiative -- a global infrastructure policy aiming to build ports, roads and railways to create new trade corridors linking China to Asia, Africa and Europe.
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