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Economic Analysis: Theory and Practice
 

Prospects and opportunities of construction of a Tuva-Mongolian main road

Vol. 13, Iss. 26, JULY 2014

Available online: 8 July 2014

Subject Heading: INVESTING

JEL Classification: 

Pages: 39-46

Lebedev V.I. Tuvinian Institute for the Exploration of Natural Resources of the Siberian Branch of the Russian Academy of Sciences, Kyzyl, Russian Federation
vil@tikopr.sbras.ru

Dabiev D.F. Tuvinian Institute for the Exploration of Natural Resources of the Siberian Branch of the Russian Academy of Sciences, Kyzyl, Russian Federation
dabiev@rambler.ru

The article says that there is a considerable mineral resource potential in the Tuva Republic. However, one needs to make efforts to explore mineral resources and develop industry in this area because of backwardness of the transport infrastructure and inaccessibility of majority of the fields located in the mountain and taiga areas too remote from transport communications. The authors used a method of profit and regional approach by Sh. Sh. Baibusinov to determine the regional gross product's gain due to development of subsurface resources. This is necessary to evaluate an economic feasibility of construction of the Tuva-Mongolian high iron. Railroad construction through Tuva and Mongolia to China is one of the complex and interesting problems both from economic and geopolitical points of view.

Keywords: mineral resources, railroad, Tuva, Mongolia, investment, infrastructure project, industry

References:

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