Altan San Securities - Mongolia Investment - Development plan for Ulaanbaatar submitted

Development plan for Ulaanbaatar submitted

The Japan International Cooperation Agency (JICA) has submitted to the Government a development plan for Ulaanbaatar prepared after consultation with specialists of the city administration. Work on the plan began in March 2007. The study identifies population density in certain areas of the city as a major problem and recommends some measures to more evenly distribute the concentration.

For example, in an effort to decentralize the ger areas it proposes construction of 103,000 new apartments and extension and renovation of 97,000 existing housing units before 2030. It also recommends a light-rail-based public transport system to make commuting easier. Altogether 17 specific projects in 14 areas have been suggested.

Source: www.news.mn

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