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

  • Turkish highways and bridge project financing secured
    June 7, 2018
    The financing package that will pay for Turkey’s €2.43 billion Malkara to Çanakkale highway and 1915 Çanakkale Bridge has now been secured. This follows on from Mott MacDonald completing its technical due diligence of the project documentation. The project will be handled under the PPP model. The centrepiece of the project is the €1.68 billion Çanakkale 1915 bridge. This will be over 4.6km long, with a 2,023m main span that will be the longest in the world for a suspension bridge. It will allow a clearance
    Read More
  • Cost effective road maintenance
    February 7, 2012
    Highway maintenance and repair is an easy target for cuts in highway budgets, but there are cost-effective measures that can be adopted as Patrick Smith reports
    Read More
  • Cost effective road maintenance
    February 8, 2012
    Highway maintenance and repair is an easy target for cuts in highway budgets, but there are cost-effective measures that can be adopted as Patrick Smith reports. Road maintenance is an increasingly important industry that spans a worldwide market. Awareness of the need for a stable and sustainable international infrastructure, maintenance and creative rural road technologies are taking a stronger role as viable sources for a cost-effective means of preserving, developing and prolonging the life of roads wit
    Read More
  • Mexico sets major agenda for infrastructure investment
    September 8, 2014
    A major programme of infrastructure investment in Mexico is seeing the country developing 46 highway projects that are due for completion in 2018. The country’s transport and communications ministry (SCT) says that 28 of the highway projects are under construction at present, while eight were completed recently and work on a further seven will commence before the end of 2014. This programme of works forms part of the National Infrastructure Plan (PNI). In all, the programme for the 46 highways is worth arou
    Read More

Highlighted Content