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Mongolia|economy|February 4, 2020 / 10:14 AM
Mongolia, Belarus to build joint rolling stock plant

AKIPRESS.COM - Minister of Road and Transport Development of Mongolia B.Enkh-Amgalan has met with Belarusian Minister of Industry Pavel Utyupin, news.mn reported.

During the talks, he put forward a serious proposal to build a freight train assembly plant in Mongolia in cooperation with the Mogilev Railway Car Construction Plant.

Mr.B.Enkh-Amgalan pointed out that there is an increasing demand for freight trains for the new mining based-rail projects; these are driven by Mongolia’s growth in coal and ore mining. He expressed the country’s willingness to launch cooperation in this regard.

The Belarusian officials affirmed the possibilities of bilateral cooperation within the Mongolian proposal and stressed that Mongolia is able to receive loans from the Development Bank of the Republic of Belarus aimed at promoting exports in the scope of the EUR 50 million credit line set up between Mongolia and Belarus.

The sides also discussed supplying all types of trucks and special purpose equipment from the Belarusian manufacturers MAZ, BelAZ and others to Mongolia for the use of auto road maintenance.

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