Ulaanbaatar
EBRD’s projects and programs to be implemented for long term
Society
Ulaanbaatar /MONTSAME/ Prime Minister L.Oyun-Erdene met with Head of the European Bank for Reconstruction and Development (EBRD) in Mongolia Hannes Takacs on March 11.
At the outset of the meeting, the PM remarked that he is grateful to the EBRD on making valuable contribution in promoting Mongolia’s private sector development in 15 years of cooperation.
In frame of the cooperation with the Government of Mongolia, EBRD financed 114 projects in total with USD 2.2 billion, expanding the scope of cooperation more since 2017.
The sides agreed to continue implementation of projects and programs for long term in directions of infrastructure, thermal energy, green apartment and improving disaster resistance, which are of great significance to the country’s social and economic development and being carried out within the General Financing Agreement.
