Mongolian government to invest US$407.87mn in roads in 2013

The Mongolian government has pledged to invest US$407.87 million (MNT 570bn) in road projects in 2013. In May, work will begin on a $3.5 billion 1,000km long high speed road between Altanbulag-Ulaanbaatar-Zamyn-Uud. Due for completion in October 2015, the road will be built on a concession basis. The executor company will own the road from 2015 to 2040, when it will come under state ownership. Six aimags (first-level administrative subdivision) Umnugobi, Dornogobi, Khuvsgul, Dornod, Dundgobi and Bayankhongo
April 3, 2013 Read time: 1 min
The Mongolian government has pledged to invest US$407.87 million (MNT 570bn) in road projects in 2013. In May, work will begin on a $3.5 billion 1,000km long high speed road between Altanbulag-Ulaanbaatar-Zamyn-Uud. Due for completion in October 2015, the road will be built on a concession basis. The executor company will own the road from 2015 to 2040, when it will come under state ownership.

Six aimags (first-level administrative subdivision) Umnugobi, Dornogobi, Khuvsgul, Dornod, Dundgobi and Bayankhongor will be connected to Ulaanbaatar City in 2013. A total of 1,400km of roads will be built during 2013.

Related Content

  • World’s largest bridge deck for KAIA expansion
    December 16, 2013
    A bespoke formwork solution from RMD Kwikform is playing a key role in creating the largest ever airport cast bridge deck as part of the multi-billion dollar expansion of King Abdulaziz International Airport near Jeddah, Saudi Arabia. The firm is also a leading player in the creation of arterial tunnels under the airport’s elevated roads, another key part of the project’s first phase works due for completion in 2014. Guy Woodford reports
    Read More
  • Peru’s Matarani – Punta de Bonbon Highway
    January 5, 2016
    A major new highway project in Peru will improve connectivity for the Arequipa region - Mauro Nogarin writes Peru’s Matarani-Bonbon road project is an important route and forms part of the Camana - Dv Quilca - Ilo - Tacna highway project. The road stretches through several provinces in the Arequipa region. The deadline for completing the work is 720 days after January 2015, and it is scheduled to be completed by December 2016. Progress has been good and as of July 2015, it was 80% completed. The main
    Read More
  • Australia road widening project in Queensland
    November 3, 2017
    The preparatory work is underway for a stretch of the Ipswich Motorway widening project in Queensland Australia. The project is worth around US$318.6 million (A$400 million). This first section of the widening work is 3km long and runs from Granard Road at Rocklea to the Oxley roundabout. The work involves widening the route from four lanes at present to six lanes and improving seven bridges, which includes increasing the height of the bridge over Oxley Creek. The 10km widening project is intended to reduce
    Read More
  • BICES invests in a new venue and a new time slot for its 2015 show
    January 6, 2017
    BICES 2015, China’s biennial international construction equipment show has made a series of step-changes by moving the venue to the New China International Exhibition Center (NCIEC) in Beijing, by bringing the timing forward from mid-October to September 22-25 2015 and by re-emphasising that the event continues to be run by the industry for the industry. Dressta vice president Howard Dale welcomed the initiatives saying it was right to hold the event where “many of China’s state-owned companies are headquar
    Read More

Highlighted Content