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

  • Australian mega link route opens
    November 29, 2012
    Australia’s largest and most complex transport infrastructure project in the city of Brisbane has been officially opened to traffic. The first vehicles have now used the Airport Link, Northern Busway (Windsor to Kedron) and Airport Roundabout Upgrade projects, which together form an extensive US$5.85 billion transport project. The project in Australia’s third most populous city in the state of Queensland comprises a toll road and dedicated busway route, together involving almost 12km of tunnels (described
    Read More
  • AIA welcomes Government cash for local UK road maintenance
    June 28, 2013
    The Asphalt Industry Alliance (AIA), which represents companies producing and laying the materials for asphalt roads, has welcomed the UK Government’s pledge to spend US$9.174 billion (£6bn) on local road maintenance for the period 2015/16 to 2020/21. Reacting to the spending commitment announced made by the Chancellor of the Exchequer, George Osborne , and the Chief Secretary to the Treasury, Danny Alexander, AIA chairman Alan Mackenzie said, “The AIA has been lobbying for additional funds to tackle the lo
    Read More
  • US city of Vancouver approves new I-5 bridge
    July 18, 2022
    Vancouver in the US state of Washington and Portland in the state of Oregon are aiming for a new road bridge with the possibility of accommodating light rail transport.
    Read More
  • Herrenknecht’s Alice heads back underground at Waterview
    December 19, 2014
    Alice, one of world's largest tunnel boring machines, has started its second tunnel drive for the Waterview Connection project in Auckland, New Zealand. The 90m-long, 3100tonne tunnel borer completed the first twin tunnel, at 2.4km, in September after 11 months of digging, as World Highways reported at the time. The machine has a boring diameter of 14.46m and its cutting wheel is driven by 24 electric motors with a total output of 8,400kW.
    Read More

Highlighted Content