Selection of road concession overruled

Politics
Batchimeg.B
bbatchimeg28@gmail.com
2018-03-07 12:12:16
Ulaanbaatar /MONTSAME/ On March 7, in its regular meeting the Cabinet decided to delist Project on 204.6 km Road Renovation in route  Ulaanbaatar and Darkhan from the List of State Property Concession and overrule the concession selection. 

According to general  financing agreement between Government of Mongolia and Asian Development Bank, renovation works of 204 km road in route Ulaanbaatar and Darkhan and 113 km road in route Darkhan-Altanbulag will be made within the framework of projects and programs to be implemented with allocated loan capital in 2017-2018. Therefore the concession selection has been overruled. Ulaanbaatar-Darkhan road will be first class road with cement concrete paving and having 4 lanes. 
 
 B.Batchimeg

 


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