3,381.24The head of Ulaanbaatar
Railway, T.Ochirkhuu, has indicated that the USD125 million Russia has
indicated it will add to the joint venture company’s capital is most likely to
be used to buy 50 locomotives. A final decision will be taken only after a
joint review of other priorities, which include upgrading of 500 km of track.
Russian money likely to be spent on 50 locomotives
