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Border checkpoints to increase capacity by next year www.montsame.mn

Ulaanbaatar /MONTSAME/ During the Parliamentary Standing Committee on Budget’s meeting on May 30, a discussion was held on the Parliament’s draft resolution of the “Basic Guidelines for 2018 socio-economic development”.

MP O.Batnasan said during the discussion, “The guidelines must be approved under valid grounds. Constructing hydropower plant in Erdeneburen soum of Khovd aimag is the main focus for the western aimags. Hydropower plant is a self-funding industry. Presently, we are buying 1 kWh energy for MNT 280 from China. According to the feasibility study, 1 kWh energy will be MNT 37 with the hydropower plant. Therefore, we need to focus more on this project. Also, how much fund is expected for the development of border checkpoint operations?”

B.Choijilsuren, the Minister of Finance responded to the question “The People’s Republic of China will be depositing CNY 350 million of non-refundable aid. And most of the fund will be used for the development of the border checkpoints and infrastructures in the southern region. The procurement will be announced in the third or fourth quarter of this year. This will settle the issues of border checkpoints near China.

Also, a negotiation has started with Asian Development Bank to settle the issues concerning the development of border checkpoints near the Russian Federation.

The Standing Committee has decided to submit the guidelines for 2018 to Parliamentary Standing Committee on Economy.
B.Tugsbilig



Published Date:2017-05-31