The Governor`s Office of Ulaanbaatar City has signed a memorandum of understanding with a Chinese construction company on the “Beijing Street” project. 

N.Gantumur, Deputy Mayor of Ulaanbaatar in charge of roads, transportation and infrastructure, and the Mongolia branch of China’s Beijing Corporation Engineering Group signed the document on Tuesday. 

The Beijing Street project with 60 million Yuan support from the Chinese government has now been launched.

The project will re-construct the bridge near Sky shopping centre and build a four-lane road and conduct road repairs and services in the area of Bayanzurkh district in Ulaanbaatar City.