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Development road program backed www.en.montsame.mn
Ulaanbaatar /MONTSAME/ On May 10, the cabinet approved the Development Road Program, which will aim at intensifying the developments in sectors of road, transport, energy, communication, mining, industry and tourism, connecting Mongolia with other countries by better infrastructure, eliminating trade barriers and reducing transport costs of goods.
Related ministers were tasked to reflect general guidelines of actions and annual expenditures into the Government Budget, plan of foreign governments’ and international organizations’ credits and assistances, and to seek to raise funds from public and private partnerships.
The government expects from implementation of the program an increased investment in infrastructural projects and community developments, upgrade of extractive industries, increased amount of workplaces, improved living condition and increased GDP.
Published Date:2017-05-11
