The ‘Ulaanbaatar Railway-2030’ forum will be held at the Blue Sky Hotel on 17^th-18^th of February and is being organised by the Ulaanbaatar Railway Mongolian-Russian joint venture. More than 280 delegates from Mongolia and other countries will participate in the event to discuss a plan for the development of the Ulaanbaatar Railway to 2030.  The Ulaanbaatar Railway has been contributing to the Mongolian economy for 68 years since its establishment in 1949 in accordance with an intergovernmental agreement with Moscow.

The company is planning to increase its cargo transport capacity to an annual  average of 53.6 million tonnes by 2030 from the current 20 million tonnes. Furthermore, Ulaanbaatar Railway is expecting to increase the technical speed of passenger trains by 1.4 times and the number of passengers to 3 million by 2030.

Ulaanbaatar Railway runs the 1110 km long railway connecting Russia to China, this being part of the shortest route connecting Asia with Europe. Nearly 10 percent of total transit transportation to and from Asia to Europe and the Russian Federation passes through Mongolia.