Subcenters to encourage SME development
EconomyUlaanbaatar /MONTSAME/ A discussion themed ‘Solutions for
the development of small and medium enterprises (SMEs)’ took place at Bayankhoshuu
business incubator. The general development plan for Ulaanbaatar includes the
establishment of six subcenters for steady urban development. Infrastructure
development of the subcenters are underway as part of the Ger Areas Development
and Investment Support Program. In the first phase of the project, Bayankhoshuu
and Selbe suubcenters have been developed in the northern part of the capital
and they are providing municipal services, information, library service, and
coworking office space service.
At the discussion, Director of the Government implementing
agency for Small and Medium Sized Enterprises Ya. Erdenesaikhan said, “Loans for
SMEs will be provided transparently. Our main responsibility is to increase the
incomes of citizens and create jobs. We will closely cooperate with the
relevant municipal agency and district SME support centers”
Head of the Municipal Department of Science, Industry and
Innovation B.Munkh-Orgil said, “In 2018, the Ulaanbaatar Innovation Center was
established to support startups and micro businesses and increase jobs. 43
companies have started their business through the center that offers office
spaces, consulting services, internet access, laboratories, and training and
meeting rooms. Bayankhoshuu subcenter also nurtured 17 companies. 365 types of
government services have been brough closer to the citizens with the
establishment of municipal service center at the subcenter. Sele subcenter is
opening soon. We will cooperate with SMEs through Ulaanbaatar Innovation Center
and the subcenters.”