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Broadcast 20-08-2019
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Mining infrastructure to be improved with new project


Oyundelger 2018-10-17 03:10

The World Bank approved Mining Infrastructure Investment Support (MINIS) Project to provide technical assistance to help the Government of Mongolia build its capacity to apply international standards

The World Bank approved Mining Infrastructure Investment Support (MINIS) Project to provide technical assistance to help the Government of Mongolia build its capacity to apply international standards when analyzing and preparing infrastructure projects for possible investment. The MINIS project finances only technical assistance. Therefore, no infrastructure investments are eligible for financing under the MINIS project. The project finances the preparation of studies, including feasibility studies, as well as environmental and social impact assessments. It also helps build local capacity to plan and prepare infrastructure projects. Subject to the outcomes of Regional Environmental Assessment studies, the MINIS project could finance feasibility studies as well as environmental and social impact assessments for a proposed hydropower project (Shuren Hydropower Project) on the Selenge River and a proposed water diversion project (Flow Regulation of the Orkhon River and Construction of Reservoir Complex) on the Orkhon River, a tributary.

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