New buses will go in transport service

Ulaanbaatar, Mongolia /MONTSAME/ At its meeting on Tuesday, the cabinet decided to transfer on contract basis 400 large-size buses. which have been purchased with budget funds, to public and private entities who run transport service.

Repayment of the buses' cost will be done in a phased manner and gathered in a special fund at the UB Mayor office. The money will go for renovating a technology park of the UB city's public transport every year.

According to preliminary estimates, this fund will raise an average five billion tugrug every year, which is enough to buy new 50 large-sized buses.

S.Otgonbayar

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