2.5 billion to be invested in the construction of Mongolian coal road

Municipal Development and Reform Commission from Bayannaoer learned recently, strength, weakness and Mongolia respect for the upgrading of Gan Mao have ports of coal over its volume to reach a consensus, to be jointly funded and constructed within the territory of Mongolia coal road.

Gan Mao have ports located in the Bayan Nur City, hematoxylin Kawai Wulate Zhong territory of Mongolia's South Gobi Province, with gaxun suhai map corresponding ports, September 12, 2007 approved by the State Council for the annual open ports. The port design capacity of 200,000 tons in cargo, passenger capacity to 10 million years.

Reached in accordance with the intention of both parties, the road to an open-set road, 12 meters wide, the whole 245 km, with total investment of 370 million U.S. dollars (equivalent to 2.51 billion yuan), the construction period of two years. The construction of the main highway for the two companies in Mongolia to participate in the shareholding company, controlled by the Mongolian Aghina company, funded 51%, China's participation in road construction companies who invested in Bayannaoer a 49% return on investment proportional allocation according to actual investment.

After completion of the project to improve coal cargo transit access, to enhance the volume of coal had, in particular, to promote bilateral economic development has a very important role.

At present, China and Mongolia will declare the ongoing pre-project work, project approval documents for the implementation stage as soon as possible.