Seoul city authorities offer to invest in Ulaanbaatar
SocietyUlaanbaatar
/MONTSAME/ During the Ulaanbaatar International Day event held on October
21-22, Governor of the capital city and Mayor of Ulaanbaatar S.Amarsaikhan met
with Kim In-je, Member and Head of Urban Planning Committee at Seoul
Metropolitan Council.
At the
beginning of the meeting, the sides talked about the current progress of the
rental housing project being implemented with a soft loan of USD 500 million
under the intergovernmental agreement between Mongolia and South Korea and developing
tourism to expand cooperation between the two cities.
Noting that no
fruitful works have been carried out apart from promoting South Korea and its
culture in Ulaanbaatar, Mr. Kim In-je expressed willingness to work together on
projects that can be implemented efficiently in a short period of time,
including those listed in the Ulaanbaatar City Master Plan 2030.
He also proposed
developing projects to design travel routes for citizens, cooperate in mutually
beneficial ways, and attract investment to Mongolia as a study revealed that the
average number of Mongolians applying for South Korean visa each year reached
90 thousand.
Conveying
readiness to join forces to promote mutual understanding between peoples of the
two countries and broaden cooperation between Ulaanbaatar and Seoul, Governor
S.Amarsaikhan informed of collaboration plans in increasing travel routes
and attracting investment. The Mongolian side said that it is studying seasonal
travel routes and asked to share its experience in historical tourism.
After
discussing housing projects under the ger area redevelopment program, Mr. Kim
In-je informed that the Seoul city authorities are ready to provide necessary
support to affordable and rent to own housing projects.