Ulaanbaatar
Proposal made to manufacture rail fastening system parts in Mongolia
Society
Ulaanbaatar /MONTSAME/ Minister of Road and Transport Development L.Khaltar had an online meeting with Ambassador Extraordinary and Plenipotentiary of the United Kingdom of Great Britain and Northern Ireland to Mongolia Philip Malone on February 25. They discussed issues relating to bilateral transport cooperation as well as priority areas of cooperation.
Minister L.Khaltar voiced pleasure with the introduction of the rail fastenings and railway sleepers made with advanced British technologies to Mongolia and expressed an interest in using the fastenings in ongoing and future railway projects, while also stressing the importance of prompt and constant supply of fastenings in punctual implementation of railway construction projects. The Minister also asked Britain to support the production of a part of the fastening system in Mongolia as the fastening demand will increase following the launch of major railway projects in the country and there is a further opportunity to export them regionally and proposed jointly studying the feasibility of obtaining the funds necessary for the fastening supply from UK Export Finance.
Ambassador Philip Malone expressed delight that UK businesses have entered the Mongolian market and undertook to pay attention to the Minister’s proposals.
In welcoming the proposal to manufacture some of the fastenings in Mongolia, the UK Ambassador said it is up to their manufacturers and mentioned that British and Mongolian companies are carrying out a feasibility study into manufacturing resin and plastic parts. He also said the UK export credit agency is ready to provide assistance in the purchase of fastenings and pledged support for prompt and uninterrupted supply.
