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Share of Russian companies in Mongolia’s railway project to grow

Russian businesses’ share in the railway projects may reach 49%

ULAANBAATAR, December 21 (Itar-Tass) – Mongolian government offers Russian companies to take part in the construction of new railway lines in Mongolia, Deputy Prime Minister Dendev Terbishdagva said Friday at the 16th session of the Russian-Mongolina Intergovernmental Commission for Cooperation in Trade, Economy, Science, and Technologies.

“We invite Russian companies to take part in the construction of new railways with a total length of 1,800 kilometers,” he said, adding the Russian businesses’ share in the railway projects may reach 49%.