State Great Khural passes legal amendment on law of motor road

Today, full parliament session started at 10 am and continuing.The hearings on legal revisions needed for conclusion of the Oyu Tolgoi investment agreement are being held in tense atmosphere. Opinions of the lawmakers are varied on the legal revisions. However, Khural passed the legal amendment on law on roads by vote of 53/7. This amendment allows private investors to build highways and motor-roads for their use. By law, highway and motorways are built and owned by Mongolian state only. The international miners (Rio Tinto and Ivanhoe Mines) pledged to build international standard highways in Oyu Tolgoi area to move and transport machinery and equipments.
Multi-billion dollar Oyu Tolgoi also known as Turquioise Hill Project is getting a step closer for launch.
Now Parliament is discussing legal amendment on law on Water. Sixty lawmakers out of seventy-four lawmakers are present in the hearings.

Reporting by Ganbat, reporter of MonInfo news service



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