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  /  Development strategy / Long-term objectives for business units / Passenger Transportation and Service business unit

Passenger Transportation and Service business unit

Main objectives of the business unit are determined by the Transport Strategy of the Russian Federation until 2030 and targets for the development of business; they are focused on the movement in three strategic areas:
1

Stabilization of the market share of rail transport in the growing market of passenger transportation;

2

Interaction with the state regulators and state support of the rail transportation with regard to their social and economic efficiency;

3

Increase in the economic efficiency of transport and related additional types of businesses.

Given the complexity and diversity of passenger transportation market, the activities within the business unit will focus on three major segments:

  • High-speed and rapid transportation;
  • Traditional long-haul;
  • Commuter and intercity transportation.

In accordance with the parameters of the draft Transport Strategy of the Russian Federation till 2030, passenger transportation demand may increase by 1.8-2.1 times with a corresponding rise in passenger traffic. This is due to the projected significant growth in transport mobility of the population with the growth in real disposable income and improvement of the transport system to the level of developed countries. In value terms, the market of public passenger transportation may grow by 3.5-4 times.