Today, ceremony to sign concession agreement to connect Ulaanbaatar with aimag centers was held at the Ministry of Industry.
State secretary at Ministry of Industry, D.Nyamkhuu, Head of the Investment Agency, S.Javkhlanbaatar and other representatives from private entities have participated in the ceremony.
By establishing concession agreement, foreign investors to grant MNT 619 billion to Mongolia and the Government of Mongolia will pay back the investment within 4 to 6 years, after one year from commissioning of the road project.
Total of 533,2 km road will be constructed under the concession agreement.
- Altai soum to Darvi soum of Gobi-Altai aimag - 165 km
- to connect end of road from Dashinchilen soum in Bulgan aimag to Orkhon bridge and end of road from Murun soum of Khuvsgul aimag to Tarialan of Khuvsgul aimag - 232.7 km
- Songino soum - Khyargas Lake in Uvs aimag - 135,5 km
At least one third of total construction work will be implemented by national entities thus, employment will be increased and national road constructors and building material suppliers will be supported.
Owner of the concession are to commission the roads in 2016.
Today, ceremony to sign concession agreement to connect Ulaanbaatar with aimag centers was held at the Ministry of Industry.
State secretary at Ministry of Industry, D.Nyamkhuu, Head of the Investment Agency, S.Javkhlanbaatar and other representatives from private entities have participated in the ceremony.
By establishing concession agreement, foreign investors to grant MNT 619 billion to Mongolia and the Government of Mongolia will pay back the investment within 4 to 6 years, after one year from commissioning of the road project.
Total of 533,2 km road will be constructed under the concession agreement.
- Altai soum to Darvi soum of Gobi-Altai aimag - 165 km
- to connect end of road from Dashinchilen soum in Bulgan aimag to Orkhon bridge and end of road from Murun soum of Khuvsgul aimag to Tarialan of Khuvsgul aimag - 232.7 km
- Songino soum - Khyargas Lake in Uvs aimag - 135,5 km
At least one third of total construction work will be implemented by national entities thus, employment will be increased and national road constructors and building material suppliers will be supported.
Owner of the concession are to commission the roads in 2016.