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Mar 15, 13 •
11 Views •
Business, Government, Infrastructure •
Urjee •
No Comments
Road construction work funded by the state budget in 2013 has released on www.ulaanbaatar.mn with the purposes of informing public. According to the site, MNT 93.2 Billion will be spent for new construction and improvement of road with 13 directions within...
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Mar 4, 13 •
6 Views •
Business, Infrastructure, News •
Urjee •
2 Comments
It has been previously agreed that the equity fund of the Ulaanbaatar Railways, a Mongolia-Russian Joint Venture, would be increased by USD 250 by the Mongolian and Russian parties, each contributing USD 125 Million. The Minister for Road and Transportation...
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Feb 14, 13 •
19 Views •
Business, Infrastructure, News •
Urjee •
No Comments
The Parliament of Mongolia ratified the State Policy on Railway Transportation (Railway Policy) in June 2010. The Railway Policy concluded to construct approximately 5,600 km of railway infrastructure in 3 phases in an effort to extend the unified railway...
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Feb 6, 13 •
4 Views •
Business, Economy, Energy, Infrastructure, News •
Urjee •
No Comments
Mandalgovi-Tavantolgoi-Oyu Tolgoi electricity transmission line and substation have been commissioned on January 28-30, and the opening event has been attended by M.Sonompil, Energy Minister and Member of Parliament, who have been visiting the province on...
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Jan 28, 13 •
6 Views •
Business, Economy, Government, Infrastructure, News, transport •
Urjee •
No Comments
The Cabinet meeting of Mongolian Government was held on January 26, 2012, discussing a number of timely issues faced by the policy makers. Following an earlier decision made by government, Mongolian Railway, a state owned company, has been provided with the...
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Jan 10, 13 •
4 Views •
Business, Infrastructure, News •
Urjee •
No Comments
Commodities trader Noble Group will help fund a crucial phase of a $2.2 billion Mongolia coal and rail project that Aspire Mining plans to develop, a key endorsement that nearly doubled the Australian firm’s share price on Thursday. Noble has agreed to...
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Jan 9, 13 •
3 Views •
Business, Construction, Economy, Infrastructure, Mining, News, transport •
Urjee •
No Comments
Having its much awaited copper concentrator commissioned at the end of the last year, Oyu Tolgoi LLC recently completed the construction of Hanbumbat Airport, located 36 kilometers in the south west of Khanbogd soum, Umnugovi Province. Once accepted by the...
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Jan 7, 13 •
5 Views •
Infrastructure, Mining, News •
Badrakh Batkhuyag •
No Comments
On last Friday’s plenary session meeting of the SGH, Prime Minister N.Altankhuyag made a brief statement regarding the current political and socio-economic situation of Mongolia. Premier N.Altankhuyag provided information on the spending of the $1.5 billion...
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Jan 4, 13 •
9 Views •
Business, Economy, Government, Infrastructure, News, transport •
Urjee •
No Comments
Mongolia’s new government announced in its Action Plan that it will have all the provincial centers connected via asphalt road by 2015. Having reliable, paved road is critical given that Mongolia has the lowest population density of 1.7 people per square...
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Dec 28, 12 •
11 Views •
Government, Infrastructure, News, transport •
Urjee •
1 Comment
Ministry of Road and Transportation informed at a recent press conference that they have received a detailed cooperation proposal including a quote from the contractor to build the new airport in Ulaanbaatar. Following the soft loan agreement signed by...
