International Open Tender for Ulaanbaatar Metro to be Announced This Month
In Ulaanbaatar, the capital has initiated
the construction of a high-capacity metro. The Capital Governor and Ulaanbaatar
City Mayor, Nyambaatar Khishgee, presented this development to journalists yesterday.The Mayor, in his address, highlighted that
the construction of the metro project has commenced, following recent
government discussions on financing. The capital city itself will bear 100
percent of the budget. Additionally, in the event of a need to guarantee
construction performance, the government has the authority to issue a partial
guarantee.
A meeting of the Governor's Council of the
capital is scheduled to discuss the construction. In the upcoming weeks, the
budget will be presented at the meeting of citizens' representatives, with
subsequent approval of the results.
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