Mongolia's railway's high profits on transit between Rusia and China
Wednesday, 15 March 2006
Mongolin Tomor Zam, or the Mongolian railway, is a Russian Mongolian joint venture that operates both domestic and international lines in freight and pasengers. Mongolia has one main railroad, running from near Sukhbaatar at the Russian Border to Zamin Uud at the Southern border. Today a statement was released with the profit over 2005 in different segments of the company. In this period transit transportation gained 45.6 billion togrogs profit. The domestic passenger and
freight transportations, however, work at loss due to the policy on supporting
economy and domestic production. Local transportation
incurred a loss of 16.7 billion togrogs.
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Mongolin Tomor Zam, or the Mongolian railway, is a Russian Mongolian joint venture that operates both domestic and international lines in freight and pasengers. Mongolia has one main railroad, running from near Sukhbaatar at the Russian Border to Zamin Uud at the Southern border.
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