Analysis of the Current Situation of Mongolian Railway and Its Future Development

Ulziinorov Gansukh, Xu Ming and Syed Ahtsham Ali

International Business Research, 2018, vol. 11, issue 5, 119-128

Abstract: The purpose of this article is to contribute the conceptual knowledge of the railway policy issue in Mongolia. The paper presented an overview of the current transport situation of Mongolian Railway. It analyzes the statistical indicators of freight and passenger traffic as well as capability analysis of the railway transport. Moreover, it highlights its further development prospects and its importance for country’s economic. In last but not least, it formulates the future prospects of sustainable development of railway sector. Findings of this research are: a) by analyzing statistic data the high correlation (R=0.87) between GDP and freight transportation of Mongolia has been confirmed. The type of cargo analyzed and the economically efficient type of cargo within Mongolia has been highlighted. b) The GDP and passenger turnover has a very weak relationship. c) In the regional context, Mongolia’s transport statistics main indexes performance somewhat in the middle and there has room to increase the freight operation in the future. The research method is based on the analysis of strategic documents, secondary data, including statistical data obtained from the Central Statistical Office in Mongolia, Statistical Office in UBTZ (Ulaanbaatar Railway Mongolian-Russian Joint-stock Company), OECD (Organization for Economic Co-operation and Development) official site, International Union of Railway (UIC) official site and World Bank official site.

Keywords: freight operation analysis; railway freight and passenger operation; railway of Mongolia; UBTZ (Ulaanbaatar Railway Mongolian-Russian Joint-stock Company) (search for similar items in EconPapers)
Date: 2018
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