INVESTORS TO FINANCE RENOVATION OF URBAN AND RURAL WASTEWATER TREATMENT PLANTS

Ulaanbaatar /MONTSAME/ On December 11, a consultative meeting of construction and urban development sector was held to introduce construction works to be made in upcoming years and necessary investment for it. At the beginning of the meeting Minister of Construction and Urban Development Kh.Badelkhan said development plan of Ulaanbaatar city up to 2030 focused on policy to develop suburb areas and to decentralize capital city by dividing the city into three parts: central, middle and suburb zones. "Service Centers will be built in the middle zone or ger area to creating engineering networks of electricity and heating there. Whereas industrial parks will be established in suburb zone. Renovation work of wastewater treatment plants in 21 provinces started. This work will be accomplished with support and soft loan from Asian Development Bank (ADB) , France and other countries” noted the Minitster. During the meeting investors introduced their projects and programs that are being implemented in Mongolia. Specifically the US based Millennium Challenge Corporation reported about its grant of USD350 million in next five years to improve water supply of Ulaanbaatar city. ADB is targeting its investment toimprovement of ger districts' infrastructure in Ulaanbaatar city and 21 provinces and their water supply, underlined Arnaud Heckmann, ADB Senior Urban Development Specialist. ADB will build wastewater treatment plants with capacity of 3000 cubic meter in Uvurkhangai, Umnugobi, Dornogobi and Arkhangai aimags. ADB has invested USD 312.4 million in construction sector since its collaboration with Mongolia in 1991. Present at the consultative meeting were representatives of the Ministry of Construction and Urban Development, the Embassies in Mongolia and international investors. B.Batchimeg