Ulaanbaatar
Apartment complex for young families under construction in Erdenet
Society
Orkhon /MONTSAME/ ‘BB Park’ apartment complex is under construction in Orkhon aimag with 100 percent investment of the Republic of Korea. Currently, the construction runs with 40 percent performance. The apartments are expected to be low-cost as designated for youths and young families.
63.9 percent of the total population of Orkhon aimag is young people aged 18 to 35. Thus, the local authorities gave permission of two hectares of land near Erdenet stadium for the apartment complex considering the necessity. Six five-storey buildings with 288 apartments will be built at the site. Approximately MNT 24 billion is funded for the construction.
The apartment complex was initiated by deputy head of the Cabinet Secretariat B.Bat-Erdene and was named ‘BB Park’, using the abbreviation of his name. This work is a start of the cooperation between Orkhon aimag and Siheung city of South Korea.
M.Anudari
