ABOUT IMPLEMENTATION COURSE OF "NEW GREAT CONSTRUCTION" PROGRAM

Ulaanbaatar, Mongolia /MONTSAME/ On Wednesday, head of the Cabinet Secretariat of Government Ch.Khurelbaatar gave a report to cabinet members an implementation course of the “New Great Construction” middle-term program. In frames of the program, the cabinet has planned to select enterprisers to execute 41 works reflected in the program with capitals of MNT 13.3 billion. In conjunction with it, the Development Bank of Mongolia have completed evaluations over the selected enterprisers and started talks for establishing related contracts.

Construction works for the “Buyant Ukhaa Apartment District-1” project is being implemented normally as well. According to the report, the government plans to implement projects of the “New Great Construction” middle-term program with a loan to be rendered from the Development Bank of China and to cooperate with the Investment Department of Kuwait. Thus, the Minister of Finance was obliged to place a necessary capital in the next year's budget in order to augment joint stock capitals of the Development Bank.

B.Khuder

Comments

Popular posts from this blog