Agreement for advisory services for the new railway in mongolia has been signed

The Government of Mongolia by its Resolution No. 283 has granted the special permission to build the approximately 1100 km long new railway infrastructure between Dalanzadgad and Choibalsan.


It's the first stage of the “Governmental railway transportation policy”, to “Mongolian Railway” State Owned Shareholding Company and assigned the same company to prepare and get approved a proposal to select a consulting team to provide advisory services for the project.

As a consulting team was selected “McKinsey & Company”. This advisory team will provide among other things advisory services on the detailed feasibility study of this historical project, on the method of project financing as well as on the preparation of documents for the international open bidding procedure to select the general contractor which will build the infrastructure.

“McKinsey & Company” has signed an agreement for advisory services with “Mongolian Railway” State Owned Shareholding Company on 7th April 2011. “McKinsey & Company” is a reputable worldwide leading company with large international experience of successfully accomplished similar international advisory projects and will execute the above mentioned works within 4 months.

Source : News.mn

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