1 MONGOLIA’S SUCCESS AND CHALLENGES AGAINST COVID-19 WWW.EASTASIAFORUM.ORG PUBLISHED:2020/08/13      2 FIRST EVER RAILWAY BRIDGE CONNECTING RUSSIA & CHINA TO OPEN IN 2022 WWW.RT.COM PUBLISHED:2020/08/13      3 CABINET MEETING: SMALL, MEDIUM-SIZED ENTERPRISE DIRECTORATE ESTABLISHED WWW.MONTSAME.MN  PUBLISHED:2020/08/13      4 MAN DIES OF BUBONIC PLAGUE IN MONGOLIA WWW.CHANNELNEWSASIA.COM PUBLISHED:2020/08/13      5 MONGOLIA’S SUMO CHAMPIONS WWW.THEDIPLOMAT.COM PUBLISHED:2020/08/13      6 REGISTERED UNEMPLOYED DECREASED BY 0.9 PERCENT FROM JUNE WWW.MONTSAME.MN PUBLISHED:2020/08/13      7 GOVERNMENT DEBT ROSE BY 1.7 TIMES BETWEEN 2015-2019 WWW.MONTSAME.MN PUBLISHED:2020/08/13      8 RUSSIA HAS $1.5BN PLAN TO DENT CHINA’S RARE EARTH DOMINANCE WWW.MINING.COM PUBLISHED:2020/08/13      9 CHINA’S BOOMING COPPER IMPORTS AN ECHO OF THE LAST CRISIS WWW.MINING.COM PUBLISHED:2020/08/13      10 IOM FACILITATES RETURN OF 185 MONGOLIANS STRANDED IN CZECHIA WWW.RELIEFWEB.INT PUBLISHED:2020/08/12      ХЯТАД УЛС 2035 ОНООС ӨМНӨ ТӨМӨР ЗАМЫН УРТАА 200,000 КМ-ЭЭР СУНГАНА WWW.IKON.MN  НИЙТЭЛСЭН:2020/08/13     ЭКСПОРТ ӨМНӨХ САРААС 16.9 ХУВИАР ӨСЧЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2020/08/13     УУЛ УУРХАЙН БҮТЭЭГДЭХҮҮНИЙ ЭКСПОРТЫГ НЭМЭГДҮҮЛЭХ ТАЛААР ЯРИЛЦАВ WWW.MONTSAME.MN НИЙТЭЛСЭН:2020/08/13     ДАВХАР БҮРТГЭЛТЭЙ ҮНЭТ ЦААСЫГ ГАДААД, ДОТООДОД ХӨРВҮҮЛЭХ БОЛОМЖТОЙ БОЛОВ WWW.MONTSAME.MN НИЙТЭЛСЭН:2020/08/13     ЛОКАРНО КИНО НААДАМД МОНГОЛЫН УРАН БҮТЭЭЛЧИД ГУРВАН ШАГНАЛ ХҮРТЛЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2020/08/13     ОРОС УЛС ГАЗРЫН ХОВОР ЭЛЕМЕНТИЙН ҮЙЛДВЭРЛЭЛЭЭР ХЯТАД УЛСТАЙ ӨРСӨЛДӨХ ТӨЛӨВЛӨГӨӨГӨӨ ЗАРЛАЖЭЭ WWW.IKON.MN НИЙТЭЛСЭН:2020/08/13     БРОКЕР, ДИЛЕРИЙН КОМПАНИУД 67.6 ТЭРБУМ ТӨГРӨГИЙН АРИЛЖАА ХИЙЖЭЭ WWW.UNUUDUR.MN  НИЙТЭЛСЭН:2020/08/13     ОХУ 2 ДОЛОО ХОНОГИЙН ДОТОР ВАКЦИНАА ОЛНООР ҮЙЛВЭРЛЭЖ ЭХЭЛНЭ WWW.NEWS.MN НИЙТЭЛСЭН:2020/08/13     МОНГОЛ, КАЗАХСТАНЫ ХАМТЫН АЖИЛЛАГААГ ӨРГӨЖҮҮЛЭХ ТАЛААР ХОЁР ТАЛ САНАЛ СОЛИЛЦЛОО WWW.NEWS.MN НИЙТЭЛСЭН:2020/08/12     ЖИЖИГ, ДУНД ҮЙЛДВЭРИЙН ГАЗАР БАЙГУУЛАВ WWW.EAGLE.MN  НИЙТЭЛСЭН:2020/08/12    

Mongolia to develop Zamyn-Uud Free Zone with ADB loan www.news.mn

The Asian Development Bank (ADB) and the Government of Mongolia signed three projects to lessen the socioeconomic impacts of the coronavirus (COVID-19) pandemic on poor and vulnerable groups in Mongolia, to help support Mongolia’s post-pandemic recovery by developing an economic cooperation zone, and improve solid waste management.

Present at the signing of the Shock-Responsive Social Protection Project, for which the ADB approved a USD 26.4 million loan, and the solid waste management project, for which a grant of USD 2 million is being provided from the Japan Fund for Poverty Reduction (JFPR), were ADB Country Director in Mongolia Pavit Ramachandran and Mongolian Minister of Finance Khurelbaatar Chimed. Signing the Economic Cooperation Zone Project, for which the ADB is providing a USD 30 million loan, were Mr. Pavit Ramachandran and Deputy Prime Minister of Mongolia Enkhtuvshin Ulziisaikhan. Mr. Matsuhashi Tomoyuki, Second Secretary of the Embassy of Japan in Mongolia and representatives from line ministries also attended the ceremony.

The project will develop the Zamyn-Uud Free Zone, situated near the busiest international border crossing between Mongolia and the People’s Republic of China in a district where the local economy and population rely heavily on border traffic and trade activities. It will support the construction and sustainable operations of new infrastructure and facilities in the free zone, as well as effective zone management. This will provide the foundation and environment needed for the private sector to build production capacity and help Mongolia expand trade activities and adapt to the rapidly evolving global economic landscape. Also, the project is part of a wider network of ADB trade-related projects in Mongolia along the Central Asia Regional Economic Cooperation (CAREC) program’s corridor 4b. It is expected to be completed by December 2025.

The grant for solid waste management will open new income and employment opportunities, particularly for poor, women and disadvantaged people, through waste reuse and recycling pilots and skills and business development. The project will conduct public education and awareness to promote effective and inclusive waste recycling and reuse. Recycling businesses and community organizations will receive small grants to pilot innovative programs that will reduce the waste stream and encourage greater recycling. The project will also support the provincial governments in developing the sector policy framework, build capacity in solid waste management and planning and will serve as a model that other secondary cities can replicate.

Four priority aimag capital cities, Darkhan-Uul, Gobi-Altai, Sukhbaatar and Uvurkhangai, have been identified for the project together with the Ministry of Construction and Urban Development, the project executing agency.

The project will help reduce long-term environmental and health risks for about 160,000 people in the four cities by eliminating economic and environmental losses and health costs. At least half of households in each project city will be involved in information dissemination activities and gain knowledge on green job opportunities in waste recycling and reuse.

ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 68 members—49 from the region.



Published Date:2020-07-06