Today, S.Bayartsogt, Head of the Office of the Government, submitted Tavan Tolgoi coal deposit development measures resolution draft to Z.Enkhbold, Speaker of the Parliament.
The State Great Khural approved resolution number 34 in 2014 and gave direction to the Government on increasing economic activity which is to:
- improve competitiveness of products explored by TT mine deposit and add value within the framework of state regulatory on mining sector and
- export international market, solve infrastructure problem by ensuring participation of both domestic and international investors within the framework of one window policy
- construct Railroad to connect Ukhaakhudag to Gashuunsukhait by partnership between state and private entities
- construct Railroad to connect Ukhaakhudag to Gashuunsukhait by concession agreement.
Tavan Tolgoi coal deposit development measures resolution draft includes following provisions:
- Give permission to the government to establish Investment Agreement for the development of the TT coal deposit, Concession Agreement on Railroad Construction to connect Ukhaakhudag to Gashuunsukhait and the related Cooperation Agreement
- Assign the Government to take measures to implement rights and duties of agreement on West, East and Tsankhi mining operation
- Provide coordination of approved resolutions on TT mine deposit before the State Great Khural.
Today, S.Bayartsogt, Head of the Office of the Government, submitted Tavan Tolgoi coal deposit development measures resolution draft to Z.Enkhbold, Speaker of the Parliament.
The State Great Khural approved resolution number 34 in 2014 and gave direction to the Government on increasing economic activity which is to:
- improve competitiveness of products explored by TT mine deposit and add value within the framework of state regulatory on mining sector and
- export international market, solve infrastructure problem by ensuring participation of both domestic and international investors within the framework of one window policy
- construct Railroad to connect Ukhaakhudag to Gashuunsukhait by partnership between state and private entities
- construct Railroad to connect Ukhaakhudag to Gashuunsukhait by concession agreement.
Tavan Tolgoi coal deposit development measures resolution draft includes following provisions:
- Give permission to the government to establish Investment Agreement for the development of the TT coal deposit, Concession Agreement on Railroad Construction to connect Ukhaakhudag to Gashuunsukhait and the related Cooperation Agreement
- Assign the Government to take measures to implement rights and duties of agreement on West, East and Tsankhi mining operation
- Provide coordination of approved resolutions on TT mine deposit before the State Great Khural.