Ulaanbaatar
Ulaanbaatar Investment 2017 meeting held
PoliticsUlaanbaatar /MONTSAME/ The Ulaanbaatar City Administration, in cooperation with the UB Chamber of Commerce (UBCC), organized today, February 20, the Ulaanbaatar Investment 2017 business meeting, attracting about 800 representatives of public and private sectors at the Shangri-La Hotel of Ulaanbaatar.
The UBCC has been co-organizing this annual event with the municipality for the last three years, since its inception.
The opening remarks were given by the Mayor of Ulaanbaatar S.Batbold, the Chairman of UB Citizens’ Representatives Khural Ts.Sandui and the UBCC President J.Oyungerel.
Key presentations covered the plan of development and investment works to be realized in Ulaanbaatar and open biddings for 2017, and other presentations were themed ‘Improving private sector’s involvement in the Ulaanbaatar development projects’, ‘New concepts of Ger area development’, ‘Innovation and creations of industrial parks based on modern technologies’, ‘Developments in Bayankhoshuu and Selbe sub-centers’, ‘Transparency in municipal procurements’, ‘Assessment of municipal road projects’ and ‘Principal’s assessment of projects’.
J.Oyungerel, UBCC President, noted the meeting’s main purpose is to ensure that everyone gets equal opportunities to take part in the development works in Ulaanbaatar.
The representatives of national companies were quite satisfied with the outcomes of this annual meeting, as the meeting provides necessary information about city-run projects as well as the opportunity to meet with the project initiators and investors in person.
The Ulaanbaatar Investment 2017 was much appreciated by its international attendees, who were also expressing their satisfaction and relief with the completion of agreement between the Government of Mongolia and the International Monetary Fund on three-year Extended Fund Facility (EFF) program.
