Public transport renovation in Mongolia's capital to cost $7.4 million

AKIPRESS.COM - The government of Mongolia ordered to update the public transport services of Ulaanbaatar city with electric buses during meeting on August 19. The main aim is to reduce air pollution and improve accessibility of public transport services for passengers.
The government allowed the governor of Ulaanbaatar to fund the required $7.4 million for the renovation after having the funding proposal approved at the city's Citizens' Representative Khural (local council), Montsame reported.
The capital budget will cover 20% of funding. The other 80% will be provided from a 6-year loan with seven-month moratorium period on repayment.
Mongolia will buy 10 double-decker buses, 36 single-decker bus and 15 charging equipment and 4 sub-stations for electric bus.
There are 949 buses and trolleybuses owned by two state companies and 17 private entities utilized for public transport services in 98 fixed routes, carrying 500,000-600,000 passengers daily.
Current laws ban buses that served over 10 years in Mongolia for public transportation services, and 133 buses are expected to be removed from service this year, 531 buses in 2021, 121 buses in 2022, 151 buses in 2023 and 60 buses in 2024.