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China to upgrade Mongolian border-crossings www.news.mn
Mongolia will renovate Mongolia’s Zamyn-Uud and Gashuunsukhait border-crossings with the non-refundable Chinese aid. The Zamyn-Uud port, which is one of the largest in Mongolia, accounts for 40 percent of passengers and 76 percent of passenger vehicles passing through customs. However, border-crossing construction and infrastructure cannot meet the growing demand, which leads to difficulties in customs clearance procedures.
It is envisaged that after renovating the border-crossing, the physical area will increase eightfold, the number of passengers fourfold, the freight volume threefold; it is also forecast that the number of passenger vehicles will rise sevenfold, providing passengers with a smooth customs clearance experience and comfortable service.
The trade volume between the two countries is expected to exceed USD 10 billion this year.
Published Date:2019-09-16
