ADB funds Mongolia roads programme
11 October 2013
The Asian Development Bank (ADB) is to provide financing worth US$ 200 million for improvement works to major highways and rural roads linking northern China with Russia and Mongolia.
The works will take place in Hulunbeier, one of the fast-growing areas in the Inner Mongolia Autonomous Region of northern China.
The current highway is narrow and in a poor condition, and cannot support the movement of heavy trucks. Improvement works are much needed.
The project will also include road marketing, signage and speed-controlled junctions to improve safety conditions of the highway.
The loan will also upgrade and rehabilitate rural roads in Hulunbeier, and improve the cross-border points to facilitate trade between China and Mongolia.