Cadex, Mongolian Railway Sign Consulting Agreement
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Cadex, Mongolian Railway Sign Consulting Agreement

19 Sep 2010

Mongolian Railway has signed a comprehensive consulting alliance agreement with Japan-based consulting firm Cadex KK to support the country's railway infrastructure. Cadexand subsidiary Cadex Mongolia (Ulaanbaatar) will act as a business consultant for state-owned Mongolian Railway.

Mongolian Railway has signed a comprehensive consulting alliance agreement with Japan-based consulting firm Cadex KK to support the country’s railway infrastructure.

Cadexand subsidiary Cadex Mongolia (Ulaanbaatar) will act as a business consultant for state-owned Mongolian Railway.

Under the agreement, Cadex will manage projects to acquire railway technologies and hire personnel for training.

Cadex will also establish relationships with third parties outside Mongolia to achieve a stable freight transportation system, create new business opportunities and develop underground resources.