Ulaanbaatar Expands Private-Sector Cooperation as Major Projects Advance

Economy
ooluun@montsame.gov.mn
2025-12-08 16:57:04

Ulaanbaatar, December 8, 2025 /MONTSAME/. The technical and economic feasibility studies, investment schemes, and implementation business models for the Ulaanbaatar Metro,” “Ulaanbaatar Tram,” and “Sludge Incineration Plant” projects were presented to businesses, investors, and other stakeholders on December 8, 2025.


According to the Governor’s Office of the capital, the event aims to advance the practical implementation of these projects, attract investment, and expand public–private partnerships.


Ulaanbaatar Mayor and Governor of the Capital City Nyambaatar Khishgee stated, “In 2026, the capital focuses on strengthening cooperation with private enterprises and organizations. As part of this effort, we will first reform the multi-stage permit and oversight systems that hinder business operations. We will work with the private sector to clarify information required for participation in major projects announced by the city and to ease tender requirements for domestic companies. Ulaanbaatar will also cooperate with financial-sector institutions to attract investment and improve its legal framework.”


Mayor Nyambaatar added that next year the city will conduct a full valuation of its assets and begin operating as a financial market player to address capital shortages faced by the private sector.