RZD Signs a MOU with Mongolian Railway

Russian Railways (RZD) has partnered with the Mongolian transport ministry to construct a new rail line connecting Düzünbayan to Dalanzagdad, Mongolia, expected to boost mineral exports and facilitate trade between Mongolia and China.

October 15, 2009 10:24 pm | Last Update: August 7, 2015 10:26 pm

Russian Railways (RZD) and the Mongolian transport ministry have signed a memorandum to begin construction of the Zuunbayan-Dalanzadgad (Tavantolgoy) rail line in Mongolia.
The new railway will start at Düzünbayan and will run west to the Omnogovi regional capital at Dalanzagdad, parallel to the Chinese border.

The surveying and detailed design work will begin in November with RZD committing $250m to finance the work.

The new railway is expected to open up mineral deposits in the South Gobi area and facilitate the export of Mongolian raw materials to China, Japan and South Korea as well as to other countries via Russia’s Far East ports.
The rail line will be promoted by Infrastructure Development, a company with 50% RZD stake, 25% Mongolian firm Erdenes MGL stake and 25% Mongolian Railway stake, as per an agreement signed in May.

TAGS: mongolian railway news, mongolian rzd partnership, russia supports to mongolia railway, Zuunbayan-Dalanzadgad railway project

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