Putin promised to support the project Hyperloop

The President of Russia Vladimir Putin at the St. Petersburg international economic forum (SPIEF) held a brief meeting with the co-founder of Hyperloop Technologies with the Sherwin Pichavaram and promised to support the project, said the press Secretary of the head of state, Dmitry Peskov.

“Yes, during the meeting with investors he Pishevar] separately performed. Told about the project, about plans to “pilot”. Then at the meeting “on the ground” the President supported and promised support,” Peskov said (quoted by “RIA Novosti”).

On the question of whether the project can count on financial support from the state and tax breaks, a spokesman said: “the financial unlikely. This is an investment project”.

17 June at SPIEF Pishevar announced that in Moscow in the near future, you may receive the Hyperloop. Together with Moscow mayor Sergei Sobyanin and investor Hyperloop Technologies, a major shareholder of Summa group Ziyavudin Magomedov, he signed a Memorandum of cooperation. The representative of group “the Sum” Ekaterina Grishkovets has confirmed that day information about the conclusion of the agreement.

The document envisages the preparation of a preliminary feasibility study of a passenger transport project in the capital. Hyperloop Technologies “will explore the question of whether” the implementation of the project. We are talking about the transportation of passengers between the airports of the Moscow air hub or the development of messages with New Moscow. All financial costs will be borne by the company, the government of the capital will not participate in financing the project.

In addition, the Hyperloop project can be implemented in the Amur region. Earlier, the Minister of transport Maxim Sokolov said that the Ministry agreed with the Hyperloop to create a working group for the construction of high-speed railway in the Amur region for the transport of goods. In conversation with he estimated its probability as high. According to him, investors consider the construction of a 70-km highway is 30% cheaper than construction of a similar railway line in 30-40 billion. it Turns out that the project costs could reach $318-425 million

Bullet highway Hyperloop — an idea invented by the founder of Tesla Motors and SpaceX Elon Musk. It is a closed tube in which a train can move at a speed of from 480 to 1220 km/h due to the absence of rails friction and air resistance. The project is not yet implemented anywhere in the world, but in may was held the first successful tests of trains in the United States.