UB is close to have metro

Ulaanbaatar /MONTSAME/ The Mayor of Ulaanbaatar city E.Bat-Uul submitted Thursday a final revision of the "Ulaanbaatar Metro" project to the President, the Parliament Speaker and the Prime Minister. A feasibility study for the project was performed by the Japan International Cooperation Agency (JICA) from September 2011 to March 2013, and it has been introduced and approved by the Citizens' Representative Khural of the city. Now, it is submitted to the highest authorities. The research team worked on the feasibility study, aiming to reduce both traffic jam and a pollution. It included all necessary researches in the city’s population, socio-economic situation, environment, geology, soil, image of the city, investments, finance and technology matters. According to the feasibility study, the 17.7 km metro line will range along the Peace Avenue, and will have 14 stations. It will be constructed underground from the West cross road to the East cross road, other parts will go above ground. The metro line will be also connected to routes of the city’s railways, buses and trolleybuses. According to financial calculations, USD 1.5 billion will be required for the UB metro, and it is projected that the expenses is possible to be recovered in a short time if the country exploits correctly know-how of both domestic and foreign private sector and attracts investments for the infrastructure.