Mr. John Kozakov, President of Boroo Gold company, the biggest gold producer in Mongolia expressed its readiness to invest $1 million to Ulaanbaatar City during the meeting with Mr. T.Bilegt, the Chairman of House of Representatives of Capital City.

Boroo Gold, the second biggest taxpayer of Mongolia in 2007 and third in 2008, is interested in investing in the projects that are in need for the development of Ulaanbaatar City and its citizens. This investment can be used for the National Recreational Park, planed to be built along Tuul River, and procurement of necessary equipment and facilities of hospitals.

Ulaanbaatar faces increasingly with the infrastructure expansion challenges and construction. Therefore, Chairman T.Bilegt expressed his gratitude to Boroo Gold Company for sharing social challenges of Ulaanbaatar City even its main operation is in countryside. City authority will provide its proposing projects’ list to the company in the near future.