Ulaanbaatar
UB City and Mongolian National Association of Construction sign cooperation
PoliticsUlaanbaatar /MONTSAME/ During “Ulaanbaatar Procurement – 2016” forum, held January 20, a cooperation memorandum was signed by the UB Mayor’s Office, National Association of Construction and Bayars Construction LLC, on implementing renovation of heating in old housing apartments and the new program of “public rental apartments”.
Accordingly, the sides will also collaborate in creating electronic database of housing apartments and promoting the emerging investment funds.
Another MoU was signed by S.Ochirbat, a deputy mayor in charge of urban development and investment and N.Bayarsaikhan, CEO of Bayars Construction. In accordance with this, the sides are to work on the financing for large-scale projects in line with the clarification of Development Plan of Ulaanbaatar until 2020 and development perspective until 2030.
These projects include such actions as promoting PPP in urban developments, reducing heat loss of old housing apartments of Ulaanbaatar, promoting import-substituting industries and creating workplaces.
