ID :
342093
Mon, 09/22/2014 - 13:08
Auther :

"FEASIBILITY STUDIES MUST BE RENOVATED"

Ulaanbaatar /MONTSAME/ At the cabinet meeting on Thurday, the Minister of Roads and Transportation A.Gansukh said the feasibility study project on construction of a second (parallel) railway line of Ulaanbaatar Railway (UBZD) "do not fit the current state and development trends of transport and logistics network, they must be profoundly updated". The feasibility studies were developed in 2006-2007 by the Chinese first Institute for the study and design of Railways. The cabinet decided to urgently start the renovation of the feasibility studies. As known, the agreement on outlining a strategic partnership for the modernization and development of Ulaanbaatar Railway (UBZD) was signed between the Ministry of Roads and Transport of Mongolia and the Russian Railways on this September 3 during the working visit of the Russian President Putin to Mongolia. The parties agreed to build electrified parallel branches in Sukhbaatar--Sainshand--Zamiin-Uud direction with a capacity of 100 million tons of cargo. The main goal of the agreement is the strategic development of JSC "UBZD" to ensure growth in the export and transit of goods and to strengthen its role in the Eurasian transport and logistics system. The agreement also reflects the interest of parties to work with China to build up traffic from Russia to China in the opposite direction using UBZD, which includes the development of competitive tariffs and technological conditions for such shipments.

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