The Mongolian Government intends to boost investment in the country’s road network, part of a move to improve access in major towns and cities as well as connect outlying areas. With development of Mongolia’s mineral resources set to expand, new road links will be crucial to its economic future. The government has given approval for the construction of bridges and roads. This also includes repairing 35km of roads and building 25km of paved roads will be built in capital Ulaanbaatar. Other projects include a 104km road between Mangdalgobi and Ulaanbaatar, a 45km road between Ondorkhaan, Monkhkhaan, Baruun and Urt, and a 127km road between Tosontsengel and Tsakhiur. These will all be built by 2013. In addition, planned projects include a 990km highway linking Uud, Zamyn, Ulaanbaatar and Altanbulag, and 5,572km of highways between mining area and Ulaanbaatar. The Development Bank of Mongolia will provide financing.
Mongolia intends to invest in expanding its road network
The Mongolian Government intends to boost investment in the country’s road network, part of a move to improve access in major towns and cities as well as connect outlying areas. With development of Mongolia’s mineral resources set to expand, new road links will be crucial to its economic future. The government has given approval for the construction of bridges and roads. This also includes repairing 35km of roads and building 25km of paved roads will be built in capital Ulaanbaatar.
April 10, 2012