Related News
China, Mongolia plan to build highway for coal transport
Source: Xinhua |
October 5, 2010, Tuesday
|
Online Edition
Online Edition
A new highway linking China and Mongolia is expected to be jointly built by the two countries with a total investment of 2.51 billion yuan (US$375 million), local authorities said today.
The new highway is planned to be 245 kilometers in length and will run from Mongolia's southwest Omnogovi Aymag Province to Ganqimaodu, a border town in China's Inner Mongolia Autonomous Region, said a regional government official.
Two firms from China and Mongolia plan to set up a joint venture, which will be the main builder of the highway. The Mongolia firm will own 51 percent of the joint venture while the China firm the remaining 49 percent.
Construction of the highway is scheduled to be completed in two years.
The project plan had been submitted to the authorities of the two countries, the official said.
The new highway was expected to improve coal transportation between the two countries, as well as promote economic development in China and Mongolia, the official said.
Trade between China's Inner Mongolia Autonomous Region and Mongolia reached US$5.33 billion and jumped 33.5 percent year on year over the first eight months of this year. As of September 22, around 5.24 million tons of coal had been transported to China via Ganqimaodu.
The new highway is planned to be 245 kilometers in length and will run from Mongolia's southwest Omnogovi Aymag Province to Ganqimaodu, a border town in China's Inner Mongolia Autonomous Region, said a regional government official.
Two firms from China and Mongolia plan to set up a joint venture, which will be the main builder of the highway. The Mongolia firm will own 51 percent of the joint venture while the China firm the remaining 49 percent.
Construction of the highway is scheduled to be completed in two years.
The project plan had been submitted to the authorities of the two countries, the official said.
The new highway was expected to improve coal transportation between the two countries, as well as promote economic development in China and Mongolia, the official said.
Trade between China's Inner Mongolia Autonomous Region and Mongolia reached US$5.33 billion and jumped 33.5 percent year on year over the first eight months of this year. As of September 22, around 5.24 million tons of coal had been transported to China via Ganqimaodu.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
