Go to mobile


16:56 23-06-2017
Cabinet of Ministers allotted land plot for construction runway-3 in Sheremetievo
16:31 23-06-2017
KamAZ to invest €50 m to production in Senegal
14:46 23-06-2017
Lukoil won a tender on supply of 2,700 tons of oil to Severstal enterprises
14:17 23-06-2017
President Putin to control pipeline mating at the Turkish Stream construction
13:37 23-06-2017
Reconstruction of Moscow conservatoire to be completed
13:26 23-06-2017
Thrill rides to be built in Moscow Luzhniki
12:54 23-06-2017
Unique green roofing to be built in Moscow during renovation
12:32 23-06-2017
The Chinese participating in Moscow Metro construction
11:16 23-06-2017
Grand fraud discovered at a business centre construction site in Krasnoyarsk
18:02 22-06-2017
Rostec to restore enterprise producing acoustic equipment
17:50 22-06-2017
Seven plants to open in Dubna special economic zone
17:35 22-06-2017
Putin heads for Anapa to control Turkish Stream pipeline link-up
17:12 22-06-2017
Heineken sells its brew-house in Belarus
16:53 22-06-2017
Tesla signs preliminary agreement on plant building in China
16:35 22-06-2017
Industrial warehouse in northern Moscow put on auction for $751,000
16:02 22-06-2017
China suggests project for Changchun – Vladivostok high-speed railway
15:33 22-06-2017
Europe’s gas demand exceeds Nord Stream 2 capacity, Wintershall says
14:56 22-06-2017
Poland to demolish 500 monuments to Soviet soldiers
14:33 22-06-2017
President Putin orders to close notorious landfill in Balashikha
12:22 22-06-2017
Gazprom estimates Turkish Stream project at $6 billion
11:56 22-06-2017
Japanese NEDO to implement renewable energy project in Yakutia
11:45 22-06-2017
Russian Railway gets $157 million for development of Moscow railroad
11:14 22-06-2017
Huge Lenta hypermarket to be erected in Naberezhnye Chelny
10:58 22-06-2017
Australian sheep farm to be built in Russia for $334 million
09:45 22-06-2017
European operators start extension of gas pipelines for Nord Stream 2
17:57 21-06-2017
Israel's largest Gottesman oceanarium to open in July
17:42 21-06-2017
Egypt’s court suspends transfer of islands to Saudi Arabia
17:21 21-06-2017
Russia to supply three Be-200 amphibious aircrafts to Argentina
16:54 21-06-2017
Rolls-Royce to supply engines for Russian-Chinese wide-body aircraft
16:38 21-06-2017
Wintershall likely to collaborate with Gazprom in Iran
All news


«    June 2017    »

What a Russian construction company will build in Mongolia for $1 bln

logo russianconstruction.com
What a Russian construction company will build in Mongolia for $1 bln

The cost of future construction contracts for Russian companies in Mongolia may reach $1 bln.

This was the result of the first sitting of the Russian/Mongolian work group on construction issues in Ulan-Bator on November 27th. The Deputy Minister of Construction, Housing and Utilities, Andrei Chibis, took part in it.

The ministry’s press office stressed that the Government of Mongolia has announced a tender for the creation of a concession on the updating of treatment facilities in Ulan-Bator. According to Andrei Chibis, Morton GC will take part in the tender as part of the agreements made.

“We hope that it will be a Russian company which gets the right to update the treatment facilities built by Soviet constructors. This will be the first large-scale project implemented as part of the Russian/Mongolian work group’s activities”, the Deputy Minister said.

The Mongolian party expressed their interest in Morton GC’s participating in the construction of the ‘Yarmaag’ housing complex, the implementation of the ‘Arrow’ (‘Strela’) transportation system project, and the creation of a beltway round Ulan-Bator. According to expert assessments, the Mongolian market is a very good prospect for housing construction development - about 40% of all investments are in this sphere.

At present, the priority program is the replanning of urban teepee districts, where more than half of the population of the country’s capital live.

Besides this, within the work group’s sitting, the parties agreed on scientific research and technology cooperation, utilizing the help of Russian specialists in the sphere of urban policy, remote education and training of employees, and legislative activity.

“The Mongolian party highly appreciates Russia’s help with and contribution to the construction work in Mongolia as part of long-term cooperation and friendship between the two countries”, stressed Sandagom Magnaysuran, State Secretary of the Ministry of Construction and Urban Development of Mongolia, and the chairman of the sitting. The next sitting of the work group on construction issues is planned for the first quarter of 2016.

Related publications