Alexander Ivlev: Concerning China’s plans to build the logistic and economic system of the Belt and Road Initiative and Russia’s role in this project

Interview with Masaji Santo, President & CEO, Chiyoda Corporation by ROSCONGRESS.

The report by the analytical center Redmadrobot is intended for Russian construction and development industry players to help them identify promising areas for investment in technology.

The call of economic growth and economic development requires diversification of different types of fuel used in car industry, marine and railway transportations. By the volume of stocks, maturity of technology, influence on ecology, self-cost for final customers gas fuel has a lot of advantages in front of hydrogen fuel and electrical engines and gas fuels can be most demanded fuel for the nearest decade. Low cost can be the basis for economic growth compensating growing cost of petrol and diesel fuel. Additional positive effect is safety for ecology. Major problems the industry of gas fuel encounters are in poor infrastructure, insufficient legislation and high cost of gas engines. Future development of gas fuel industry is only possible with state-based subsidiaries with priority to development of infrastructure.