Bering Strait Tunnel
Yakunin seeks Bering Straight Tunnel decision by 2017!
Vladimir Yakunin, presdient of Russian Railways, told reporters this past weekend that a decision to build a tunnel under the Bering Strait, connecting Russia's railway infrastructure to that of North America, should be made by 2017.
Yakunin noted that of course Russia needs to develop its railway services in the Russian Far East and Kamchatka, but a decision should be made on building a tunnel under the Bering Strait within the next 5 years.
Yakunin, who has been presdient of Russian Railways for 5 years now, said that he was first approached by American businessmen about doing research on the possible link between the two continents. There is currently a plan being designed for the project, which Yakunin things could be implemented withing 10-15 years.
The project would have to be a multilateral cooperation, and in addition to the U.S. and Russia, China has also shown interest in the project. InterBering, and Alaskan company which is promoting the project, has estimated that the project, consisting of a 103-kilometer tunnel, would cust up to $30 billion to build and would also be part of a total rail infrastructure project on both sides which could cost around $100 billion and create some 50,000 jobs!