Ann: Trading Halt, page-22

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(PDF) Analysis of the Current Situation of Mongolian Railway and Its Future Development. Available from: https://www.researchgate.net/public..._Mongolian_Railway_and_Its_Future_Development [accessed Aug 27 2018].

4. Further Development Pathway of Rail Sector (Sectors’ Improvement Policies)
4.1 Some Issues Facing by Railway of Mongolia Today
Although after the transition to the market economy of the country, the railway organization independently
introduced some technological innovations. However, due to the insufficient funding, it was not fully reformed.
As said in the recently formulated railway development strategy plan (Railway, 2016) in the future, double
track along the Trans-Mongolian railway will be constructed, as well as the renovation and funding of all entities
of the UBTZ is expected. After all, the train speed will be increased to at least 150 km/h, and the rail
transportation capacity increment will reach up to 53.6-73.7 million ton per year (maximum performance will
reach up to 100 million tons per year). The study (UBTZ, 2017a) mentioned that totally 1,5-4,4 billion US
dollars are needed for the investment of UBTZ’s new development project.



The study (Otgonsuren, 2015) indicates that in October 2014, the Mongolian government announced its intention
to build large-scale transport infrastructure projects to boost mineral shipments from Russia to China via the
Trans Mongolian Railway. A 542 km long line will be constructed from Erdenet to Ovoot. Approximately 1.3
billion US dollars will be directed to the construction of the 542-kilometer Erdenet-Ovoot railway. This new
railway will bring major economic and social benefits to Northern Mongolian provinces as economic
development and regional integration is fast-tracked.

(PDF) Analysis of the Current Situation of Mongolian Railway and Its Future Development. Available from: https://www.researchgate.net/public..._Mongolian_Railway_and_Its_Future_Development [accessed Aug 27 2018].