Mongolia Plans to $5,5bn Railway Investment

Mongolia Plans to $5,5bn Railway Investment
August 24, 2011 5:00 pm

Mongolia is planning to invest $5.5bn to build a railway gauge line linking Dalanzadgad, Tavan Tolgoi, Sainshand, Baruun-Urt and Choibalsan.

The deputy prime minister of Mongolia N Altankhuyag has discussed the feasibility study of the project with state-owned Mongolian Railway and project adviser McKinsey.

The expert team is reported to have favoured the project, saying it will help the developing country’s economy and increase mineral resource export, according to is a railway information and news platform. Website presents from all around the world railway sector news, developments, projects and tender for the sector specialists. Railwaynews supports to industry events and announced them for potential participants. Railwaynews plans to collecting data from all around the world, about railway infrastructure, rolling stock, railway transportation datum, geographical datum to present for railway professionals for short term. Railwaynews will build new platforms aims to high value railway business environment for all railway specialists, railway fans and especially railway suppliers and their decision makers. Railwaynews presents whole information from rail professionals to rail professionals.

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