ADB finances Mongolian road project to boost trade
The Asian Development Bank has approved a $60 million loan to help improve and rehabilitate 311km of road corridors in Mongolia, which will help facilitate economic cooperation and trade. The Regional Road Development and Maintenance Project will rehabilitate and enhance the safety of road corridor sections, Mongolia's links with the People's Republic of China and the Russian Federation, along Ulaanbaatar-Darkhan and Darkhan-Altanbulag.