Statement on study Land Administration and Management in Ulaanbaatar

2016-06-24 15:42:11

Ulaanbaatar /MONTSAME/ The World Bank report titled Land Administration and Management in Ulaanbaatar, Mongolia was completed and publicly released sixteen months ago in February 2015.

The purpose of this important report was to assess how land is managed in Mongolia’s largest city, home to nearly half of the country’s population.  The report covered the institutions governing land management, the means of managing urban expansion, and the potential for land as a source of revenue, among other topics.  The study was one of many that have been produced since the 1990s, in cooperation with successive city administrations, on topics including energy, air pollution, and city finances. These studies are paid for by the World Bank’s own resources.

To draw attention to the cost of allocating land at prices below market values, the report included several estimates of foregone revenues stemming from those practices.  Three different estimates, using three different sets of assumptions, were presented. The study provides a detailed explanation of the methods, the assumptions underlying each of the estimates, the data sources used for the computations, and the reasons that certain assumptions were adopted. Such transparency ensures that the estimates can be easily replicated.