Skip to main content

Mongolia intends to invest in expanding its road network

The Mongolian Government intends to boost investment in the country’s road network, part of a move to improve access in major towns and cities as well as connect outlying areas. With development of Mongolia’s mineral resources set to expand, new road links will be crucial to its economic future. The government has given approval for the construction of bridges and roads. This also includes repairing 35km of roads and building 25km of paved roads will be built in capital Ulaanbaatar.
April 10, 2012 Read time: 2 mins
The Mongolian Government intends to boost investment in the country’s road network, part of a move to improve access in major towns and cities as well as connect outlying areas. With development of Mongolia’s mineral resources set to expand, new road links will be crucial to its economic future. The government has given approval for the construction of bridges and roads. This also includes repairing 35km of roads and building 25km of paved roads will be built in capital Ulaanbaatar. Other projects include a 104km road between Mangdalgobi and Ulaanbaatar, a 45km road between Ondorkhaan, Monkhkhaan, Baruun and Urt, and a 127km road between Tosontsengel and Tsakhiur. These will all be built by 2013. In addition, planned projects include a 990km highway linking Uud, Zamyn, Ulaanbaatar and Altanbulag, and 5,572km of highways between mining area and Ulaanbaatar. The Development Bank of Mongolia will provide financing.

Related Content

  • EIB aids funding for Poland's A2
    July 12, 2012
    The European Investment Bank (EIB) will help funding of the A2 highway project in Poland, which has faced financing problems due to the economic crisis. The EIB is making an exception to its usual policy by granting to Polish company Autostrada Wielkopolska credit that covers over 50% of the costs of the construction work for a highway section. The EIB will provide €1 billion for the A2 investment and to create an option of an additional €200 million. The total value of the investment, which is expected to
  • David Barwell suggests six steps for closing the UK funding gap
    January 11, 2019
    Six steps for closing the UK funding gap Plenty of private money is seeking UK investment opportunities. The government and the infrastructure sector in general must make projects more attractive, writes David Barwell* It is widely acknowledged that the UK faces mounting economic, environmental and social problems if the nation's infrastructure fails to meet present and future demands. Government estimates propose that almost €561 billion is required to bridge the infrastructure funding gap. As part o
  • Sri Lanka plans elevated links
    March 21, 2012
    The Sri Lankan Government is setting out plans to build three elevated highways to reduce traffic congestion in capital Colombo. The highways will be built in the Metropolitan Area and will provide access to the new Southern Expressway, the Outer Circular Highway and the Colombo -Katunayake Expressway under construction.
  • Challenges and investment opportunities in East Africa transport infrastructure Sector
    November 21, 2014
    East Africa offers considerable potential for transport infrastructure expansion and investment - Shem Oirere reports Infrastructure, infrastructure and more infrastructure is what is needed to make East Africa the favoured destination and Kenya, Tanzania, Uganda and Rwanda have unveiled grand plans to enhance the infrastructure both nationally and regionally.” This is how market analyst Deloitte introduced its 2014/15 budget analysis for the four countries in July.