Satellite city and special economic zone development discussedSociety
Ulaanbaatar /MONTSAME/ Officials of the satellite city and special economic zone development department of the capital city held a meeting with representatives of Korea Trade-Investment Promotion Agency (KOTRA) and a South Korean construction company.
At the meeting, the sides exchanged views the objectives for satellite cities and special economic zones in the Ulaanbaatar Mayor’s action program for 2020-2024, ways to connect logistics centers, and extension of the city’s infrastructure. The Korean side undertook to provide support in developing satellite cities and special economic zones through technical assistance projects of the South Korean government.
KOTRA implements the Knowledge Sharing Program of the government of the Republic of Korea and is currently carrying out a feasibility study into building a logistics center in Altanbulag free zone at the request of the Ministry of Road and Transport Development of Mongolia.