Ulaanbaatar
Shareholders meeting of Ulaanbaatar Railway Joint Venture takes place
Society
Moscow /MONTSAME/ During the 12th International Exhibition Transport of Russia, Shareholders meeting of Ulaanbaatar Railway Joint Venture took place. Attendees of the meeting discussed further development and reforms in Ulaanbaatar Railway Joint Venture.
As of the end of 2018, Ulaanbaatar
Railway is transporting 25 million tons of freight a year, which is the maximum throughput capacity of it. We set a goal to bring entrance capacity at 54 million
tons by 2030. Therefore, we are required to make biggest reform in the railway sector. Within the reform program, we are considering three issues which are overhaul
of fundamental structures for railways, renewal of rolling stock and
construction of branch line from Zuun Bayan of Mongolia to Khangi Mandal border checkpoint
of China. Moreover, Ulaanbaatar Railway will begin tariff indexation from upcoming December to shift into market relations,” Minister of Road
and Transport Development Ya.Sodbaatar said.
Emphasizing that there
is room for working economically beneficial by improving crossing capacity of
border checkpoints and making transit transport between Asia and Europe, the Minister stressed that is should be reflected in the railway
reform policy.
Transport Week of this year is widely discussing introduction of digital technology in transport sector. With this principle, Ulaanbaatar Railway has introduced digital technology in its operation. “We agreed to collaborate in connecting with digital system of Russian Railway JSC and mutually exchanging information,” said B.Jigjidnyamaa, Chairman of Ulaanbaatar Railway Joint Venture.
