Ulaanbaatar
Construction of new pathway for export kicks off
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In
the framework of the ‘New Revival Policy’, the construction of railway en route
Zuunbayan - Khangi kicked off today on March 11. The railway connection is considered
to be of high significance as it will create a new route for imports and
exports.
In
his remarks, Prime Minister of Mongolia L.Oyun-Erdene noted that underground
mining operations recently commenced at Oyu Tolgoi, and highlighted that the
construction project for the 226-km railroad connecting Zuunbayan and Khangi -
the second large-scale project being implemented in the framework of the ‘New
Revival Policy - is kicking off today based on public-private partnership.
The railway construction work is planned to be completed in a half-year
period.
While
about 50 percent of core export products of Mongolia, such as copper and coking
coal, are exported through the Gashuunsukhait border checkpoint, over 70
percent of consumer goods are imported through the Zamiin-Uud border
checkpoint. As the Khangi border checkpoint is geographically located in the
middle of Gashuunsukhait and Zamiin-Uud checkpoints, it is of great strategic
importance, mentioned the Prime Minister.
By
connecting the Khangi-Mandal checkpoint by rail, Mongolia’s capacity to import
and export goods is expected to increase by a total of 20 million tons, with
the amount of goods being transported by rail increasing by 65 percent.
He
then continued on to say, “This month, the 416-km railroad connecting
Tavantolgoi and Zuunbayan will be fully put into operation. In the framework of
the ‘New Revival Policy’, the Government of Mongolia is ready to partner with
investors and entities in a mutually beneficial way.”
The
Government of Mongolia currently aims to start the construction work for
connecting the border checkpoints of Bichigt, Shiveekhuren, and Artssuuri by
rail as soon as possible, and create a 4,000-5,000 km long railway network in
the country.
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