Ulaanbaatar
Biggest projects to be co-implemented together with Hungarian Chamber of Commerce
PoliticsUlaanbaatar /MONTSAME/ Deputy Mayor of Ulaanbaatar city in charge of financial and economic affairs N.Bataa Tuesday met a delegation led by Ms Ducsai-Olah Zsanett, the executive director of the Hungarian National Chamber of Commerce and Industry (HNCCI).
During a working visit of the UB Mayor to Budapest last December, a contract was signed by E.Temuulen, a director of the Development Corporation of Ulaanbaatarь, and by Ducsai-Olah Zsanett, the HNCCI executive director, to collaborate in five directions.
At the meeting here, the sides exchanged views on ways of co-implementing projects on establishing a bus assembling factory, on smart business, erecting service centers, on flood management in our capital city, on factory of construction materials, agricultural products and manufacturing foods.
Ms Ducsai-Olah Zsanett said the Exim Bank of Hungary decided to give a loan of 25 million US dollars for the projects, and that a working group will be set up for each project.
Noting about Mongolia and Hungary's friendly relations, Mr Bataa expressed a confidence that the projects will be realized successfully.
