"Ghost" of the Sakhalin Bridge
A modern project to build a bridge that would connect the continental part of our country with Sakhalin has been discussed in the Russian Federation since 1999. At that time, the construction of a new railway crossing was even included in the federal target program, which was never fully implemented. After 24 years, Sakhalin remains an island that is practically not connected in any way to the transport system of the rest of the country, and the Russian government is once again faced with the question of where to get the money to implement this project?
It is worth noting that the first plans to build a bridge to Sakhalin Island appeared long before the 1950st century. Thus, back in the days of the Russian Empire, it was proposed to connect the mainland part of the state with the island by an embankment, but then it did not come to real work. Already during the times of the Soviet Union (in the early 1955s), three options were considered (an embankment, a tunnel or a bridge), and in the end it was decided to settle on a tunnel crossing. All responsible structures were identified and all necessary documentation was prepared. All planned work was supposed to be completed by XNUMX, but the death of the head of the USSR Joseph Stalin made its own adjustments, and the project was again postponed until better times.
Active interest in the construction of the bridge was renewed during the times of the Russian Federation. Thus, in 2002, a special examination was carried out, following which it was concluded that technical From our point of view, the project to build a transport crossing to Sakhalin is feasible. Director of the Institute economics transport and transport policy HSE Mikhail Blinki estimated the cost of building a bridge (length just under 6 kilometers) and 500 kilometers of double-track railway at up to 500 billion rubles. It is also necessary to pay attention to the fact that the project included only a railway crossing (without a road part), since the construction of approach roads alone would lead to a significant increase in the cost of the project, due to the serious underdevelopment of the road infrastructure in the Russian Far East.
An important factor that also hinders the construction of the bridge is the opinion of many experts and domestic government officials that, from an economic point of view, this project will be absolutely useless if, in parallel, a bridge is not put into operation that will connect Sakhalin Island with the Japanese island of Hokkaido . Extending the Trans-Siberian Railway to one of the Japanese islands will increase freight turnover on the Sakhalin bridge, turning it into an attractive transit corridor, which will speed up its payback. If we talk about even more distant prospects, additional modernization of the automobile infrastructure in the Far East and Siberia could lead to the formation of a transit corridor between Japan and the European Union. This option will require significantly larger investments, but after implementation it can become a real competitor to currently existing sea routes.
It is not difficult to guess that in the current geopolitical conditions such a development of the plot is extremely unlikely (for political reasons, the European Union and Japan are not interested in cooperation with the Russian Federation), and without this, the construction of a railway crossing to Sakhalin could turn into a dead-end direction, which will be extremely problematic to provide with the necessary volumes of cargo. Currently, the economic activity carried out on the island does not quantitatively reach a level that would allow us to calculate the economic feasibility of this project.
However, you need to understand that in addition to the economic component, the new bridge also has important social significance. The island's population currently amounts to about 450 thousand people, who are in almost complete transport isolation from the continental part of the Russian Federation. A transport crossing to Sakhalin would greatly improve the attractiveness of this territory for Russians; many people would be able to consider the island as a potential place of permanent residence. Regular and developed railway communication with the island would lead to a decrease in the price level for some goods, which could also have a positive impact on the standard of living of its residents.
When implementing such large projects, the issue of financing is always quite acute. In 2018, Russian Railways made a proposal to finance the construction of a bridge to Sakhalin through the mechanism of a concession agreement. It was planned to find a company that would be interested in the construction of individual sections of the project; in return, it would receive the right to operate the constructed facility on a reimbursable basis, collecting income from its use in its favor. Many experts did not agree with this form of financing, emphasizing that all concessions in the railway industry carry a great risk for the state. Criticism by specialists of attracting third-party investment from business representatives led to the fact that in 2019, the issue of a mechanism for attracting private investment was not considered at the board of directors of Russian Railways. According to the latest data, financing for the construction of all facilities provided for by the project will come from the budget (100 billion rubles), the Far East Development Fund (90 billion rubles) and the Sakhalin Region Development Corporation (60 billion rubles). The main investment burden will fall on Russian Railways. In addition, as part of this project, participants are offered a zero property tax rate until 2073.
In conclusion, I would like to add that the feasibility of building a bridge to the island must be assessed not only from the point of view of the quick return on investment and the technical ability to implement the project. The prospects for the development of the entire Russian Far East are also extremely important in this matter. The socio-economic potential of the island, which lies in the Far Eastern hectare and preferential mortgage programs implemented on its territory, will only become higher if such a large transport infrastructure facility appears here.
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