PRIME MINISTER L. OYUN-ERDENE SUBMITS STRATEGIC PROJECTS INCLUDED IN THE GOVERNMENT'S 14 MEGA PROJECTS TO THE SPEAKER OF THE PARLIAMENT

Prime Minister L. Oyun-Erdene has presented two draft resolutions to the Speaker of the Parliament, D. Amarbayasgalan, on December 25: the draft resolution on Approving the Guidelines for Concluding an Agreement to Implement the Construction of the Gashuunsukhait-Gantsmod Cross-Border Railway between the Government of Mongolia and the Government of the People's Republic of China and the draft resolution on Replacing the State's Ownership Share in Strategic Mineral Deposits. These two initiatives are part of the 14 mega projects included in the "2024-2028 Action Program of the Government of Mongolia" as approved by Parliamentary Resolution No. 21 of 2024.

If these draft resolutions are approved, investment agreements for the development of the Zuuvch Ovoo and Dulaan Uul uranium deposits, as outlined in the "2024-2028 Action Program of the Government of Mongolia," will be finalized. This would enable the implementation of the Mongolia-France joint uranium project.

Additionally, the construction of the Gashuunsukhait-Gantsmod cross-border railway, agreed upon between the Government of Mongolia and the Government of China, is expected to boost trade, economy, and regional cooperation between Mongolia and China. It will also enhance collaboration in the mineral resources, industrial, and infrastructure sectors. Furthermore, this railway project will establish conditions to connect the Shiveekhuren-Sekhe, Khangi-Mandal, and Bichigt-Zuunkhatavch border crossings by rail.

The freight capacity of these border crossings is projected to grow by 80 million tons by 2030, underscoring the project's strategic significance.