A of high-speed train project consisting of a railway between two huge Russian cities has reportedly taken a huge step forward. The project between Moscow and St. Petersburg, the country's former capital and President Vladimir Putin's birthplace, is set to move forward, as VEB.RF, a state development corporation and investment company, has opened financing for the project to build a plant, according to Russian news service Interfax. This is being carried out at the site of Ural Locomotives, a railway engineering joint stock company, officials say.