Home » Infrastructure
Infrastructure
“Confidential” Agreement made by the former Minister Battulga is revealed
Mar. 25 | MP. Khurelbaatar, Chairman of the Cabinet Secretariat of the Government of Mongolia, has confirmed that “secret” agreement, made between Korean side, by MP Battulga, during his service at the Government of Mongolia in charge of Infrastructure,...
Rio Tinto takes majority stake in Ivanhoe
Jan. 25 | For the first time in recent memory, a creeping takeover in Canada has succeeded. Rio Tinto Ltd. announced Tuesday it has done the inevitable, boosting its stake in Ivanhoe Mines Ltd. to 51% from 49% and seizing control of the Vancouver-based miner. Rio...
Government Approves Legislation Regarding the Financial Cooperation between Mongolia and Austria
Dec. 29 | The Government has approved of a legislation regarding the Financial Cooperation Agreement between Mongolia and the Republic of Austria, and will present it to the Parliament. The agreement will last 2 years and will allow Mongolia to receive up to 40...
New Railway Project is spurred by the Cabinet
Nov. 16 | During the regular Cabinet Meeting, MP Kh.Battulga, Minister for Road, Transport, Construction and Urban Development, made presentation on “New railway” project progress and initial financing. Cabinet Meeting instructed Board Directors of...
Metals Mongolia 2011 forum held
Nov. 4 | “Metals Mongolia 2011″ forum was held on Thursday at the Parliament house and D.Zorigt, Minister for Mineral Resources and Energy gave a speech at the forum. He stated that stability is important in Mongolia’s mining sector. He said Mongolia...
Coal transportation railway will be complete in 2014
Nov. 1 | The head of Finance and Investment Office of the Ministry of Road, Transportation and Urban Development, Yo.Manlaibayar, stated railway infrastructure to transport coal from Tavantolgoi deposit mine likely to be finished in 2014 at an investment conference...
New paved roads will be built from Nariinsukhait to Shiveekhuren
Nov. 1 | State Property Committee Chairman D.Sugar and RDCC Ltd. Executive Director B.Chuluunbaatar, have signed an agreement to build a road between Nariinsukhait and Shiveekhuren. The agreement gives RDCC two years to build the road and 15 years to charge tolls....
Mongolia mulls listing of rail stake in Hong Kong
Oct. 28 | Mongolia is considering a Hong Kong listing of its rail-building firm in a bid to help finance its $5 billion railway plan, the South China Morning Post reported on Friday. Mongolia Railways, the rail-builder owned by the Mongolian government, is planning...
Power Plant V bidders to be shortlisted by November 28
Oct. 14 | During the State Great Khural session, October 14 2011, MP D.Zorigt, Minister for Mineral Resources and Energy, made statement that Power Plant V tender bidders will be shortlisted by November 28 2011 and its winner will sign contract on March 2012. It...
