ECONOMIC APPRAISAL OF POSSSIBILITIES AND DEVELOPMENT PROSPECTS OF THE TUVA REPUBLIC SOUTHERN MACROREGION

Abstract

One of the main conditions to proceed with the Kuragino-Kyzyl railway construction project, part of the Kyzyl – Naryn – Muren – Erdenet line, is economic viability of exploration of deposits located in the Tuva Republic (Tyva) and in Northwestern Mongolia. At the Tyva Southern macroregion territory there are some large and middle deposits. Investment in exploration of the largest deposits may be quite effective, so there are good prospects for a mining complex to be created on the basis of these deposits. However, development of a mining complex in this region demands that participation of the government be essential, particularly in the form of public-private partnership.

Keywords

• mineral resources
• railway
• tuva (tyva)
• economic appraisal
• efficiency
• public-private partnership
• tax privilege