About investment policy on development of city’s public transportation

Ulaanbaatar /MONTSAME/ The cabinet meeting on Monday decided to submit to parliament a bill on ratifying a financing general agreement established between the government of Mongolia and the Asian Development Bank (ADB) for an investment program on developing the capital city’s public transport. This program will be implemented for 7-10 years in three phases with an aim to resolve a financial source for introducing a bus service with special routes. A statistics shows that some 600 thousand passengers go every day by 2,200 public transport vehicles in Ulaanbaatar, some 60% of the city’s population go by less than two percent of the total vehicles of the city. Furthermore, the city is facing some problems such as traffic jams on central roads due to irrational organization of auto road network and growing number of private cars. The policy document reflects goals including an expansion of roads going from west to east and from north to south.