Special Economic Zones to be Established in Songinokhairkhan and Nalaikh Districts
Politics
Ulaanbaatar, May 22, 2024 /MONTSAME/. During its regular session on May
22, 2024, the Cabinet of Mongolia decided to establish two special
economic zones in Ulaanbaatar. The "Agro-City" special economic zone to
be located in the 21st khoroo of Songinokhairkhan district will focus on the
development of greenhouse farming and vegetable warehouses, as well as light
industry and food production. The "Naluu-Ukhaa" special economic zone
will be established in
the 3rd and 5th khoroos of Nalaikh district, Ulaanbaatar.
The
"Agro-City" special economic zone will aim at ensuring food security,
developing export-oriented food and agriculture production, and increasing the
overall food supply. The "Naluu-Ukhaa" special economic zone will
develop international transport logistics and clusters in construction
materials production, trade, and services to wean the country off reliance on
imports of construction materials.
Governor
of the Capital City and Mayor of Ulaanbaatar Kh. Nyambaatar was tasked with
undertaking organizational measures to implement the Government resolution. Minister
of Construction and Urban Development of Mongolia Ts. Davaasuren and
Minister of Food, Agriculture, and Light Industry of Mongolia Kh. Bolorchuluun were instructed to provide
policy support for the implementation of the Cabinet
decision.