Cabinet meeting in brief
EconomyUlaanbaatar/MONTSAME/
Today, the Cabinet approved a State Policy on Construction sector. The policy
document reflects overall goal, eight objectives, 23 directions, and plan for 108 activities and required financial resources.
It will be implemented until
2029 through three stages; period of stabilizing development of construction sector, kick-off period for the
sector’s rapid development and the period to achieve the level of developed
countries. By doing so, it is estimated that the sector’s capacity will increase
by 1.38 times in 2020, 2.6 times in 2025 and 3.9 times in 2029.