gogo logo
  • Монгол
  • Yolo
  • Maamuu
  • Politics
  • Economy
  • Society
  • Life
  • Interview
  • Culture
  • TRAVEL
  • Ulaanbaatar
  • Media OutReach
Helpful
Interview
  • - Interview
Interesting
Other
Монгол
Maamuu
Yolo
Main menu
Politics
Economy
Society
Life
Interview
Culture
TRAVEL
Ulaanbaatar
Media OutReach
Helpful
Interview
Interview
Interesting
Other menu
Монгол
Maamuu
Yolo
Contact us
Editorial ethics
Home
Search
Menu
  Facebook   Twitter
  Menu
Home
/ Politics
Politics

Cabinet reviews projects set for Chinese loan financing

  Facebook   Tweet
  Facebook  Tweet

Cabinet reviews projects set for Chinese loan financing

During its regular session on May 30, Cabinet approved a list of projects to be financed by a 1 billion USD soft loan from the People’s Republic of China (PRC).

The approved projects include the construction of a wastewater treatment plant in Ulaanbaatar, an overhead power line from Ulaanbaatar to Mandalgobi and a power station, as well as the initial part of renovation for the Erdenet power plant.

The expansion and renovation of 20.9 kilometers of the highway connecting Gachuurt and the Nalaikh- will also be carried out with soft loan financing, as well. It was agreed that the construction of a hydropower plant in Erdeneburen will be proposed to the Chinese side.

During its regular session on May 30, Cabinet approved a list of projects to be financed by a 1 billion USD soft loan from the People’s Republic of China (PRC).

The approved projects include the construction of a wastewater treatment plant in Ulaanbaatar, an overhead power line from Ulaanbaatar to Mandalgobi and a power station, as well as the initial part of renovation for the Erdenet power plant.

The expansion and renovation of 20.9 kilometers of the highway connecting Gachuurt and the Nalaikh- will also be carried out with soft loan financing, as well. It was agreed that the construction of a hydropower plant in Erdeneburen will be proposed to the Chinese side.

  Facebook   Tweet
Category
Politics
Published
2018-05-31


gogo logo
Contact us Editorial ethics

© 2007 - 2025 Mongol Content LLC