Ulaanbaatar
Surplus Revenue of Ulaanbaatar-Owned Companies to Fund Mega Projects
Society
Ulaanbaatar, September 30, 2025 /MONTSAME/. The surplus revenue of Ulaanbaatar’s state-owned companies and self-financing organizations will be used to fund mega projects in the future.
During a meeting with the management of these organizations, Governor of the Capital City and Mayor of Ulaanbaatar Nyambaatar Khishgee emphasized the need to reduce costs in 2026-2027 and implement results-based management.
“While only a few organizations, such as the Investment and Trade Agency and the State Housing Corporation, were profitable in 2023, currently about 90 percent of these entities have begun generating profits. The modernization of public transport has increased passengers and produced over MNT 70 billion in profit. Next year, profitability could reach MNT 100 billion,” reported the Media and Public Relations Department of the Governor’s Office of the Capital City of Ulaanbaatar.
The National Sports Stadium of Mongolia is expected to generate MNT 3.5 billion in profit this year while also hosting the “Green Autumn Days” festival free of charge.
Additionally, over 250 kilometers of roads in the Capital city have been renovated using the Road Fund. From next year, construction will begin on secondary roads, including the Tuul and Circular Highways.
