Cabinet approves list of projects to be financed by Chinese soft loan www.montsame.mn
Ulaanbaatar /MONTSAME/ At its regular meeting on May 30, the Cabinet approved a list of projects to be implemented with the financing of the Chinese government's soft loan of USD 1.0 billion.
Following projects will be realized with the soft loan :
- Project on constructing electric power transmission lines and sub-station between Ulaanbaatar and Mandalgobi’
- Project on reconstruction of Erdenet thermal power plant
- Construction of new wastewater treatment plant
- Construction of 20.9km road from Gachuurt intersection to Nalaikh-Choir intersection
- Construction of meat-processing plant and quarantine facility
- Project on developing area of Tuul and Selbe rivers
- Project on setting surveillance cameras in streets of Ulaanbaatar city and aimag centers
- Project on building tunnel
- Project on improving access, quality and control of communication sector
Moreover, the Government decided to put proposal to Chinese side on implementing ‘Hydro Power Plant in Erdeneburen soum’ project. The Mongolian Parliament approved the general agreement on utilization of USD1 billion loan from the Chinese Government in November 2015.
E.Altanzul
Published Date:2018-05-31