Ulaanbaatar/MONTSAME/. Deputy Prime Minister of Mongolia S.Amarsaikhan received ADB Country Director for Mongolia Pavit Ramachandran, ADB Senior Urban Development Specialist Arnaud Heckmann and Ger areas development project coordinator D.Avirmed.

Over the past 28 years, the Asian Development Bank has issued a total of USD 3.9 billion in funding to Mongolia by providing substantial support in a wide range of areas including education, health, society, economy, infrastructure, urban planning, and green development aside from the assistance that was provided during the pandemic.

Commending the timely implementation of appropriate measures in the fight against the pandemic that were taken by the Government of Mongolia and the State Emergency Commission, which made it possible to return to normal life and recover the economy, ADB Country Director for Mongolia Pavit Ramachandran expressed commitment to expand the cooperation with Mongolia and support the ‘New Revival Policy’ being implemented by the Government.

The side of ADB expressed interest in cooperating in projects and programs including the satellite city to be established in Khushig Valley, public transport modernization, as well as ‘Green growth recovery’ and 'Urban and rural revival' to be implemented in the framework of the ‘New Revival Policy’.

“With the establishment of the Bayankhoshuu and Selbe Sub-Centers, some works reflected in the affordable housing program are planned to be realized and its construction work will be launched this spring. I am pleased to inform that Bayankhoshuu and Selbe Sub-Centers project being implemented within the framework of the ‘Ulaanbaatar Urban Services and Ger Areas Development Investment Program’ (GADIP) has become an international benchmark. Furthermore, the feasibility study for the ‘Rural development’ project to be implemented in 8-9 aimags was approved and its financing was resolved. Within the framework of the project, small and medium-sized enterprises, including processing plants, will be supported, creating more jobs in the local areas. Therefore, it should be decided by the Government in which aimags the project will be implemented,” said ADB Senior Urban development Specialist Arnaud Heckmann.

Deputy Prime Minister of Mongolia S.Amarsaikhan said, “It became possible for us to move into the Yellow level thanks to the five-phase strategy measures implemented by the Government and the people’s support of during the Covid-19 pandemic. I would like to express my gratitude to ADB for making a valuable contribution in overcoming Covid-19. We fully agree with suggestions put forth by ADB on the successful implementation of projects and programs of the ‘New Revival Policy’. In particular, the development of satellite cities is a priority to reduce the centralization and traffic congestion of Ulaanbaatar city. Therefore, we are willing to co-implement the projects and programs towards the establishment of infrastructure, affordable housing and free economic zone.”