Seven companies from six countries confirmed to participate in railroad construction
State Policy on Railway adopted not a long time ago. Initially, 1100 km long Tavan Tolgoi – Sainshand – Choibalsan railroad will be constructed. MP Kh.Battulga, Minister for Roads, Transport, Construction and Urban Development reports about the companies which are interested in this project.
Minister Kh.Battulga: We will have a meeting with the international companies which are interested in constructing new railroad on 11 September and share their opinion about this project. Before that we have to finalize all the conditions. Once we done that we will be ready to present the investment condition on constructing new railroad.
Q: How many countries/companies are interested to take part in this project, so far?
Minister Kh.Battulga: As for now, companies from Germany, Korea, Japan, Russia and China expressed their interest in investing this project. 2 companies from China and one local company from Mongolia is also interested, as they stated.
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