Loan agreement of Ulaanbaatar cabel car project to be discussed at Cabinet meeting
Society
Ulaanbaatar /MONTSAME/
“The project's loan agreement
will be discussed at next week’s regular meeting of the Cabinet and after
approval at the meeting, the agreement will be signed by the Minister of
Finance and the Ambassador of France to Mongolia. Poma company of France will
then start the project’s engineering phase,” said B.Otgonsukh, capital city
official in charge of road and transport projects.
As part of preparatory works
for the project, a geological survey is also planned to be conducted.