Ulaanbaatar, December 24, 2025 /MONTSAME/. The Integrated Project Management Office (IPMO) reported today, December 24, that following the evaluation of the first-stage tender of the Ulaanbaatar Metro Project, the tender documents for the second stage (Package I), intended for shortlisted bidders, have been finalized. Accordingly, the second-stage tender is officially announced on December 24, 2025, under an EPC+F arrangement. The tender is scheduled to be opened on May 1, 2026.

The first-stage tender for selecting the EPC contractor for the construction of the “Ulaanbaatar Metro” project was announced in October 2024 and opened in April 2025. A total of 27 companies and organizations from seven countries - the United Kingdom, the Russian Federation, France, India, the People’s Republic of China, Mongolia, and the Republic of Korea - submitted qualification documents.

According to the IPMO, the second stage of the project will be implemented in two packages. The estimated budget for Package I is MNT 6.6 trillion, of which the selected contractor is required to propose financing for 85 percent of the total cost as part of the tender submission, while the remaining 15 percent will be financed from the Capital City budget. The tender for Package II is planned to be announced in the fourth quarter of 2026.

A partnership led by Dohwa Engineering of the Republic of Korea was selected as the project management consultant for the Ulaanbaatar Metro project. Since July 2024, the consultant has prepared the revised feasibility study and conceptual design, which have been reviewed and approved in stages by relevant government authorities.

According to the revised feasibility study, the Ulaanbaatar Metro will be constructed along Peace Avenue, with a total length of 19.4 kilometers, built 20–30 meters underground, and comprising 15 stations. The system is designed to carry up to 17,000 passengers per hour per direction during peak periods. By 2030, when daily trips in Ulaanbaatar are projected to reach 4.5 million, the metro system is expected to accommodate approximately 450,000 daily passenger trips.

Upon completion, the project is expected to reduce road congestion in Ulaanbaatar by 18 percent. Travel time between Tolgoit and Amgalan is projected to decrease by 32 minutes compared to current conditions. The feasibility study estimates that economic losses caused by traffic congestion and excessive private vehicle use will be reduced by approximately USD 600 million annually. 

In addition, the project will support 150–200 commercial and service enterprises at metro stations and create conditions for the concentration of over 150,000 jobs in station-area zones, contributing positively to urban economic activity. From an environmental perspective, the project is expected to reduce annual carbon dioxide emissions by approximately 213,000 tons, equivalent to the emissions generated by around 20,000 traditional Mongolian gers.