14 MEGA PROJECTS UNDER MONGOLIA’S 2024–2028 ACTION PLAN

To accelerate economic growth, increase export revenues, reduce dependence on imported energy, and develop infrastructure, the Government of Mongolia has planned to implement the following 14 mega projects under its 2024–2028 Action Plan:

1. Cross-border railway and terminal infrastructure at Gashuunsukhait–Gantsmod, Hangi–Mandal, and Shiveekhuren–Sekhee border points
   
   

2. Mongolia–France joint uranium project

3. Oil refinery plant

4. 450 MW Tavan Tolgoi thermal power plant

5. Renewable energy and distributed generation project

6. Herlen–Toono and Orkhon–Ongi water transfer pipeline projects

7. Ereentsav–Choibalsan–Baruun-Urt–Bichigt vertical axis highway project

8. Coal-chemical and coke-chemical industrial complexes

9. Copper processing complex

10. Steel plant

11. Cashmere sector development project

12. Tourism infrastructure development

13. Construction of New Kharkhorum City

14. Ulaanbaatar–New Kharkhorum railway project
    
    

EXPECTED OUTCOMES:

• Export revenues will double

• Transportation costs will decrease by 50%

• 55–60% of domestic fuel demand will be met

• GDP per capita will reach USD 10,000