Ulaanbatar Railway is not that busy as it was used to be. According to the National Statistics Office data, total load of Mongolian railway has decreased by 9.4% if compares with the previous year.

Also its transit transportation size decreased by 32.6% or 1047.5 thousand tons from the previous year. Sources say that an especially transportation load is dropped enormously in recent days. It was because of decreased import size due to the fall in retail business. It is the signal of the world economy recession is reaching every single corner of our economy.

 

Source: Daily Business News Mongolia

Dec 26, 2008