Remnant of Chinese loan to be used for railway work - News.MN

Remnant of Chinese loan to be used for railway work

Old News! Published on: 2010.12.25

Remnant of Chinese loan to be used for railway work

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Г. Нэргүй
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The Government has decided to spend USD24,307 remaining of
the soft loan of USD300 million from the Chinese Government on some
construction work for Ulaanbaatar Railway. Minister of Finance S.Bayartsogt has
been asked to incorporate the necessary amendments in the original loan
agreement to make this possible and Minister of Road, Transportation,
Construction and Urban Planning Kh.Battulga has been asked to conclude an
agreement with the Southern Corp of Chinese Railway to finish the proposed work
fast.

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