824 projects to be implemented in construction sector in 2021

2020-12-03 15:49:58

Ulaanbaatar /MONTSAME/. In 2021, 824 projects will be implemented in construction sector with the financing from the state budget.

In accordance with the decision to open the operations of woodwork, construction and materials factory starting from December 1, 2225 employees of 100 factories have started working again normally amid the ongoing lockdown.  

In 2020, 691 projects in construction sector with financing of a total of MNT 546.3 billion from the state budget was approved. Whereas, 824 projects to be financed with MNT 850.8 billion from the state budget was approved for 2021 as reflected in the budget law.

Of the 824 projects, 516 or 63 percent will be realized with the extent of 2 or more years, which means that the number of projects that will be implemented within one year for 2021 is fewer by 379 compared with 2020.

In addition, the Ministry of Construction and Urban Development conducted the necessary research on ways to organize construction works during the pandemic and developed recommendations and methodologies for construction sites.