December 16, 2013

Gauge dimension | UBPost News

Gauge dimension | UBPost News: "Since choosing the path of democracy and a market economy, we have built an economy dominated by the extractive industry and our minerals such as coal, copper, gold and iron ore have been exported mostly to a single country.
It is said that an industrial park will be established soon and will start producing steel and cement, which is expected to not only satisfy domestic needs but also be exported to foreign markets. The electric power required for extracting and processing our natural resources will be supplied from several coal power plants to be built. In order to commence all these projects, which require a great amount of funding as well as work to do, it is absolutely mandatory to build a railroad. However, a final decision on what gauge and what route the railroad to transport extracted minerals from Tavan Tolgoi and Oyu Tolgoi deposits will have has still not been made. It makes us question whether the Government of Mongolia actually has geopolitical and geoeconomic policies."

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