250 million US$ investment will be made to railway

Apr 24 • Government • 733 Views • No Comments on 250 million US$ investment will be made to railway

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Minister for Roads, Transportation and Construction Kh.Battulga is visiting to Russian Federation between 23-24 April 2009, by the invitation of Mr Levitin. I.E, Minister for Transportation and the chairman of the Russian side of the Mongolia- Russia Intergovernmental Commission.

Yesterday, Minister Kh.Battulga met with Levitin and exchanged his points of view regarding transportation cooperation between two countries, especially cooperation in railway transportation.
They also exchanged their opinions on the preparation of the Russian Prime Minister V.Putin’s visit to Mongolia.
The meeting also covered the issues of 60th anniversary of Mongolia-Russia JVC “Ulaanbaatar Railway” Association, providing support to the association, clarifying Russian side shareholder, cooperation in the roads and transportation issues and training human resource in these sectors.

As the result of the meeting both sides are agreed upon 250 million US$ immediate investment in Ulaanbaatar Raiway.
Ambassador L.Khangai, officials from Ministry of Roads, Transport and Constrcution and Urban Development and Mongolian Embassy attended the meeting.

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