New flood reserve fund to save Ulaanbaatar MNT 2.4 trillion in damages www.gogo.mn
Capital Governor and Mayor B.Purevdagva inspected the construction of a flood water storage reservoir under the "Selbe Sergelt" project, highlighting that the five-stage reserve fund system will protect the city from an estimated MNT 2.4 trillion in potential flood damage.
Currently, earthworks for the reservoir structure are 30% complete, and the production of reinforced concrete slabs for the dam stands at 80%. However, officials noted that undocumented households lacking land certificates are stalling necessary land acquisition and slowing construction progress.
Identifying eight high-risk flood zones across the capital, Mayor B.Purevdagva ordered district governors to immediately accelerate land acquisition. Emphasizing that the reluctance of a few households cannot endanger the entire city center, the Mayor reaffirmed that the city will take all necessary measures to complete the first phase of the reservoir project before the end of the year.
Published Date:2026-07-10





