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

  • Transport investment bill plea in open letter to US Congress
    March 15, 2012
    A partnership of American road and transport-minded bodies and individuals has delivered an open letter to Congress urging the approval of the multi-year surface transport investment bill. More than 1,000 entities signed the letter from the American Road & Transportation Builders Association (ARTBA) and the U.S. Chamber of Commerce-led Americans for Transportation Mobility (ATM) coalition.
    Read More
  • £24 billion spending on UK roads
    June 17, 2025
    The UK Government plans to invest £24 billion on roads.
    Read More
  • Brazil state of Sao Paulo offering road concessions
    August 31, 2018
    In Brazil’s Sao Paulo State the authorities are looking to develop infrastructure projects by offering a series of road concession deals. In all some 1,000km of road concessions are being made available. This includes a number of road sections managed by the state’s road department (DER-SP). The roads being offered as concession include a 120km stretch of the SP-294 route, a 95km section of the SP-304 route and a 6km stretch of the SP-308 route.
    Read More
  • Melbourne’s new $20.4 billion ring road
    July 17, 2025
    Work for Melbourne’s new $20.4 billion ring road will have to be ahead of schedule.
    Read More

Highlighted Content