When will Oyu-Tolgoi investment arrive? | News.MN - Мэдээллийн эх сурвалж

When will Oyu-Tolgoi investment arrive?

Хуучирсан мэдээ: 2015.10.28-нд нийтлэгдсэн

When will Oyu-Tolgoi investment arrive?

The executive director of the “Erdenes Mongol Company” B.Byambasaikhan informed that the international 19 banks will lend between MNT 4.2-4.6 billion for the Oyu-Tolgoi underground mining program (OT Phase 2) in November 2015. This means approximately, 3000 job positions will be created, once construction work of Oyu-Tolgoi Phase 2 starts. Ch.Otgonchuluu, senior economist at “Erdenes Mongol Company” said that the expected finance had been estimated at USD 5.7 billion; now this is increased to USD 7-8 billion. Also, the “Turquoise Hill Company” has guaranteed USD 1 billion for the “Tavan Tolgoi Power Plant” at 15 year terms.

 

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