Erdenet-ovoot railroad construction begins
Construction of 547 km railroad connecting Erdenet city, Orkhon aimag with Ovoot mine, Khuvsgul aimag began.
Erdenet-ovoot railroad construction begins. Construction of 547 km railroad connecting Erdenet city, Orkhon aimag with Ovoot mine, Khuvsgul aimag began. Freight up to 30 million tons per year will be transported through the railroad which lays the foundation for Asia-Europe economic corridor. The railroad is considered to be of critical importance in the revival of Mongolian economy. Minister of Road and Transport Development D.Ganbat, Members of Parliament D.Damba-Ochir and O.Sodbileg, Trade Representative of the Russian Federation to Mongolia M.L.Vasiliev attended the ground-breaking ceremony held on June 20. Russian Trade Representative Mr. Vasiliev said, “The trilateral economic corridor agreement between Russia, Mongolia and China is being realized”. He remarked on the railroad’s economic and political importance to the three countries and potential to solve international issues. Northern Railways LLC is executing the construction work worth USD 1.3 billion.
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