Inner Mongolia Highway and Trade Corridor Project, China

Objective

"The main objective of the project is to sustain and promote the development of cross-border trade between China on one hand and Russia and Mongolia on the other by improving transport infrastructure and logistics." - World Bank

Description

The project includes the following components: Component I-Hailar-Manzhouli Highway. Expansion of highway capacity by upgrading or constructing about 177 km o f HMH. Component 2-Border Roads for Trade. Upgrading and rehabilitation of about 4 13 km o f the highway network, sections identified either as key links for international trade facilitation at smaller border crossings with Russia and Mongolia, or as critical missing links in the highway network. Component 3-Cargo transfer terminal and trade facilitation program. Development of facilities and trade regime designed mainly for China's import and export trade with Russia and Mongolia, but also meeting the requirements of potential trade in transit shipped through Chinese seaports to other countries. Component 4-Institutional strengthening and training.

Finance