USD 115 million project to be implemented for renewing streets and roads in capital city www.montsame.mn
On September 6, the Presidium of the Citizens’ Representative Khural of the Capital City virtually convened to discuss matters such as the loan agreement for the project on sustainable roads and transport in Ulaanbaatar city.
The five-year project will be implementing measures aimed at comprehensively renewing the capital city’s streets and roads, and effectively planning the public transportation system.
With USD 115 million in total financing for the project, USD 100 million is planned to be financed through a foreign loan.
In the framework of the project, it is planned to widen the roads at Bayankhoshuu and Unur Khoroolol to four-lane roads, and turn the Narny Zam road into a four to six lane road. Furthermore, a special lane will be created for public transport, and a safe environment will be created for pedestrians and bikers. As the capital city’s Peace Avenue is currently over capacity by 3-4 times, the Narny Zam road is also planned to be extended in both directions by 4-6.9 km.
Published Date:2021-09-07