ТЭЗУ — Technical Economic Feasibility Study
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ТЭЗУ — Technical Economic Feasibility Study

The document that unlocks government funding for your project.

The Техник Эдийн Засгийн Үндэслэл (ТЭЗУ) is a mandatory pre-investment document required by Mongolian law for any road infrastructure project seeking government or development bank funding. It is both a technical and economic argument — demonstrating that the proposed project is the right solution, at the right scale, in the right location, and that the investment is justified by measurable economic and social returns. A poorly prepared ТЭЗУ fails state examination and delays projects by months or years. KHZT's team has prepared ТЭЗУ documents that have successfully passed examination for projects funded by the state budget, Asian Development Bank, and World Bank.

What we deliver

Техникийн хэсэг / Technical Component

Technical description of the proposed project including route/location options, design standards, construction methodology, and environmental considerations — assessed against Mongolian and international standards.

Эдийн засгийн дүн шинжилгээ / Economic Analysis

Cost-benefit analysis (CBA) including vehicle operating cost savings, travel time savings, accident reduction benefits, and economic rate of return (ERR/EIRR) calculated using HDM-4 or equivalent methodology.

Санхүүгийн үнэлгээ / Financial Assessment

Total project cost estimate, funding structure options, and financial sustainability assessment for operation and maintenance over the project lifetime.

Нийгмийн нөлөөллийн үнэлгээ / Social Impact Assessment

Assessment of community impact including access improvements, employment during construction, resettlement requirements, and gender considerations.

Байгаль орчны хяналт шинжилгээ / Environmental Screening

Initial environmental examination (IEE) or Environmental Impact Assessment (EIA) scoping, identifying key issues and mitigation measures for state examination.

Улсын экспертизэд ирүүлэх / State Examination Submission

Complete ТЭЗУ document package compiled and submitted to the relevant examination body, with active management through to approval.

How we work

01

Scope Definition

Project scope, examination requirements, and data needs confirmed with client and relevant government agencies before work begins.

02

Data & Survey

Traffic counts, socioeconomic data, terrain survey, and existing road condition data collected to support technical and economic analysis.

03

Analysis & Drafting

Technical design options developed, economic model built and validated, and full ТЭЗУ document drafted to state examination format.

04

Examination & Approval

Submission, active management of state examination queries, and delivery of approved ТЭЗУ ready for budget submission or tender.