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Prime Minister Oyun-Erdene: "Five Circles for Rural Revival" Project to be Implemented www.montsame.mn

Prime Minister of Mongolia Oyun-Erdene Luvsannamsrai attended the opening of the International Forum "Transport Week 2023" under the theme "Strengthening Regional Transport and Logistics” on November 6, 2023.
The Transport and Logistics Forum aims to present the policies and initiatives undertaken by the Mongolian Government in railways, civil aviation, highways, road transportation, maritime transport, and dry ports to foreign and domestic institutions and investors. The Prime Minister expressed his firm belief that this forum will foster joint deliberation and practical solutions to the challenges faced by the transport and logistics sector in its endeavor to contribute to regional integration. The Prime Minister underscored the critical need to enhance the effectiveness of regional economic cooperation in the transport and logistics sectors, including facilitating seamless cross-border transportation, strengthening adherence to customs regulations, tariffs, border procedures, documentation, and data exchange, developing transport corridors, and collaboratively addressing other sector-specific challenges.
Under the “Vision 2050” long-term development policy and the "New Revival Policy", the Mongolian government has actively engaged in the regional transport network, aspiring to become a transit country connecting Asia and Europe. To achieve this objective, three railway corridors linking Russia and China have been initiated. Notably, over the past three years, Mongolia has constructed a total of 950 kilometers of railways. Port infrastructure has previously posed a significant constraint on Mongolia's development potential. However, the government's concerted efforts have yielded tangible results. Four new export railway crossings have been agreed upon with China, and construction is proceeding at full speed. Enhancing the accessibility of border crossings will receive particular attention, thereby facilitating an increase in the volume of exported goods and products. In addition to the Tianjin port, the government intends to utilize the Jinzhou and Lianyungang ports in China, as well as seaports in Pakistan and Iran, to further expand trade routes.
"The 2024 budget year is being devoted entirely to supporting the Government's "Urban and Rural Revival." The Millennium Road project, which runs more than 7,000 km in Mongolia, was successfully completed last year. Construction of "Five Circles for Rural Revival" is about to start in the five regions of the west, east, central, west central, and south. We are planning to connect the centers of aimags and border ports by auto road," emphasized Prime Minister of Mongolia.
"The Mongolian Government's "Welcome to Mongolia" tourism policy has yielded positive outcomes in several areas. The liberalization of air transport regulations and the establishment of aviation agreements with 42 countries have facilitated direct flights to 115 destinations, significantly enhancing Mongolia's accessibility to international travelers. Addressing traffic congestion in Ulaanbaatar, the capital city, has emerged as a pressing issue. To tackle this challenge, a comprehensive feasibility study has been conducted, outlining various programs and projects aimed at reducing traffic congestion and constructing a ring road around the city. This study is now ready to attract foreign and domestic investors. According to the World Bank's Logistics Performance Index (LPI) 2022, Mongolia has made significant progress, climbing 33 places to rank 97th globally. This positive development is attributed to the implementation of comprehensive reforms aimed at establishing transparent and corruption-free governance. The country has also witnessed an improvement of 18 places on the Digital Development Index, further demonstrating its commitment to enhancing its digital infrastructure and capabilities," Mongolian Premier Oyun-Erdene said.


Published Date:2023-11-07