OREANDA-NEWS. September 09, 2013. As part of the implementation of the Concept for the Efficient Use and Development of Station Complexes, the Directorate of Railway Stations, a branch of Russian Railways, is currently carrying out, with the participation of foreign consultants, design work to create a modern multi-modal transport hub at Kursk station in Moscow. The hub will include an expanded range of services for visitors and a high level of comprehensive security.

This was announced by Sergei Abramov, head of the Directorate of Railway Stations, at a press conference held at the editorial offices of the Russian Railways' corporate newspaper "Gudok".

The second phase of the project involves the reconstruction of the existing building at Kursk station and the construction of intercepting parking and other facilities that will improve the movement of vehicles and pedestrians. The total area of the reconstructed station complex will amount to 120,000 square meters.

According to Sergei Abramov, investment in the construction will lie between 15 and 30 billion roubles, depending on the design solutions chosen. In order to implement the project, financing will be raised from investors, with the contribution from Russian Railways itself not exceeding 10%.

Under the preliminary investment agreement, OJSC RZD Station Development, which is the project and design company of the Directorate of Railway Stations, will act as co-investor in the construction work.

"Kursk Station will be the first modern multi-modal transport hub in the capital which will combine transportation types such as road, rail and air. However, it is also planned to place a helipad on the roof of the new building", said Abramov.

In addition, Abramov said, hostels will be built at all of Moscow's train stations in the framework of the Concept for the Efficient Use and Development of Station Complexes. The first hostel, located in the building of Moscow's Riga station, is already receiving guests.

Further plans exist to implement similar projects in Rostov-on-Don, St. Petersburg and Nizhny Novgorod. The main investors are financial institutions and private partners.