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Government aiming to provide housing accommodations to population www.montsame.mn
Ulaanbaatar /MONTSAME/. On February 2, Prime Minister of Mongolia L.Oyun-Erdene, accompanied with government officials met with representatives from business entities and non-government organizations engaged in the construction industry in the country.
At the outset of the meeting, the newly-appointed Prime Minister highlighted that the government of Mongolia will give all round support to implement its policy to provide its population with housing accommodations. “For instance, a working group will be formed composed of representation from all sides in connection with the development of ‘Youth – 1, 2, and 3’ public housing projects of apartment complexes.”
Citizens who are provided with opportunities to live in housing apartment and access to quality healthcare services and educated are the key to build a ‘wealthy’ middle class, considers the PM.
After briefly introducing about Singapore’s experience in public housing, PM Oyun-Erdene exchanged views on how to achieve productive cooperation through public-private partnership with the participants of the meeting, and heard their views on pressing issues.
Representatives from the Mongolian National Construction Association assured that more than 160 entities and 100,000 employees are committed to contribute to carry out the government’s goal to provide 150,000 household families with housing, which was reflected in the government’s action plan. The representatives further stressed the importance of upgrading and expanding urban infrastructure and services and tackling issues surrounding property and land use in order to put the goal to increase apartment areas into action.
Mayor of Ulaanbaatar city D.Sumiyabazar who was present at the meeting noted that the capital city has pledged to provide its citizens with green and affordable housing apartments equipped with advanced technologies and that correspond with their income.
Minister of Finance B.Javkhlan assured that the ongoing housing mortgage program will continue as normal in the next four years and around MNT 60 billion of loan is expected to be disbursed to borrowers each month, and advised the construction companies to arrange their working plan in accordance with this.
After hearing the positions of all sides at the meeting, Prime Minister Oyun-Erdene has informed that a working group will be established, headed by Chief of Cabinet Secretariat Ts.Nyamdorj and comprised of representatives from corresponding government ministries, the Bank of Mongolia and nongovernmental sector.
He highlighted that young families in Mongolia as well as more than 200,000 families living in Ger districts in Ulaanbaatar city often find it hard to purchase apartments under the government’s housing mortgage program with 30-percent down payment and vowed to implement a long-term policy with 9 goals and 47 targets, which seeks to solve urban infrastructure challenges and build satellite cities in areas located 25 kilometers within Ulaanbaatar city, such as Bagakhangai, Terelj, Aerocity, Baganuur, Emeelt and so forth. When doing so, development of the satellite cities will be shaped under various categories of tourism, agriculture and trade, etc.
Published Date:2021-02-02
