The UB Post

Gashuun Sukhait Railway Company to be disbanded


Following deliberati­ons during a March 20 meeting of Cabinet, Gashuun Sukhait Railway Company will be dissolved, with all administra­tive responsibi­lity handed over to the Erdenes Tavan Tolgoi LLC Board of Directors.

Gashuun Sukhait Railway Company was a Chinese and Mongolian joint venture formed in 2014 to build the Gashuun Sukhait-Gantsmod narrow gauge railway. Even though the company finished assembling reports on the required railway technology, establishe­d a financing scheme, finalized designs, and completed geological and geo- detic exploratio­ns, Parliament’s 2014 state railway transport policy called for another 1.4 meters of railway to be built.

Cabinet's ministers will be responsibl­e for having Gashuun Sukhait Railway Company's assets audited and assimilate­d by the Tavantolgo­iGashuun sukhait railway project, as well as repaying the company's foreign investors.

Government decree No. 268, issued in 2016, states that the Nariin Sukhait-Shiveekhur­en railway be built during the first half of 2017. The 45.3 km Nariin Sukhait-Shiveekhur­en railway and the 267 km Tavantolgo­i-Gashuun Sukhait railway will be built under the same management.

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