Road in route Tosontsengel and Uliastai to be built with Chinese soft loan www.montsame.mn
Ulaanbaatar /MONTSAME/ At its yesterday’s meeting, the cabinet approved a draft of revised Government resolution on projects to be implemented with a soft loan of USD500 million, granted from the Government of the People’s Republic of China to the Government of Mongolia.
The soft loan will be spent for 10 projects in agriculture, road construction, health and education. Saved money from a project “Improvement of agriculture product supply in aimags and poverty reduction” will be used in a project to build 67 km paved road of route Tosontsengel and Uliastai. The Government has agreed about it with the Chinese Government and therefore, revised the Government resolution N309 in 2015 and approved it.
B.Ooluun
Published Date:2017-05-03