At the start of the meeting, Ambassador D.Gankhuyag underlined that in 2019, 27 projects worth USD 918 million with non-refundable aid and soft loans from the Government of China were carried out in Mongolia, marking the largest number of projects to be implemented in a year over the course of 70 years since the establishment of diplomatic relations.

This year, a total of 22 projects are being realized with soft loan granted by China and bilateral organizations in charge of the soft loan investments have been working on relevant contracts and agreements and to ensure preparations even though construction works have not started yet due to ongoing preventive measures against the novel coronavirus.

During the meeting, the Chinese side notified that additional loan agreement for the construction project of the central wastewater treatment plant, which was established on January 20 of this year has entered into force and handed over a confirmation letter of the financing of the project to the Mongolian side.

Moreover, Director of the China Railway Fourth Bureau Branch LLC Branch in Mongolia Mr. Wang Haitao signed an additional commercial agreement of the project. As a result, issues related to agreements, contracts of the construction project of the new wastewater treatment plant of Ulaanbaatar city have been fully resolved to commence the construction works.

Expressing his gratitude to the Exim Bank, which has been forwarding projects agreed to implement by the two countries and making related agreements and financing, Ambassador D.Gankhuyag emphasized that the construction project of the new wastewater treatment plant of Ulaanbaatar city is the project in which the Government of Mongolia attaches special attention. The Ambassador also asked the side of China to pay attention on involving as many contractors from Mongolia as possible in the project.