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Ulaanbaatar-Darkhan road reconstruction to commence in April 2019

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Ulaanbaatar-Darkhan road reconstruction to commence in April 2019

In 2017, Cabinet voted to rebuild and expand the 204.6 kilometer Ulaanbaatar-Darkhan paved road.

During its session on September 5, Cabinet finalized the selection of contractors to complete the construction and financing for the project. Under a public-private partnership agreement, the renovation will begin in April 2019. The project will cost a total of 225 million USD, with soft loan financing from Asian Development Bank and other financial institutions.

In 2017, Cabinet voted to rebuild and expand the 204.6 kilometer Ulaanbaatar-Darkhan paved road.

During its session on September 5, Cabinet finalized the selection of contractors to complete the construction and financing for the project. Under a public-private partnership agreement, the renovation will begin in April 2019. The project will cost a total of 225 million USD, with soft loan financing from Asian Development Bank and other financial institutions.

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Category
Economy
Published
2018-09-06


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