|

Mongolia seeks Turkish assistance to build apartments for 5,000 families

By E.DARI

The President of Turkey, Abdullah Gul, received the Minister for Construction and Urban Planning, Ts.Bayrsaikhan, during his working visit in Istanbul on September 5.
During the meeting, Ts.Bayarsaikhan noted the successful development of Mongolia-Turkey relations in all sectors and focused on the significance of the official visit of the Turkish Premier to Mongolia last April.
Within the framework of this visit, the minister touched on the issues of cooperating with Turkey on the construction and urban development sectors, in co-implementing apartment projects and programs, introducing new and advanced construction technologies to Mongolia, and to exchange the Turkish experience in redeveloping old settlements. Particularly, Ts.Bayarsaikhan presented Mongolia’s proposal for Turkish government cooperation on intensifying the construction of apartment blocks for 5,000 families, which will be covered by low-interest long-term housing loans.
President Gul said he was satisfied with the successful development of bilateral ties and promised to show support for the requested proposal. He also advised Mongolia to focus on augmenting foreign investments, including the Turkish ones, in order to activate greater construction and renovation efforts.
Later that day, Minister Ts.Bayarsaikhan and the State Secretary of the Ministry, R.Erdeneburen, met with authorities from Exim Bank of Turkey and talked about a 300 million USD soft loan granted by the Government of Turkey to Mongolia for constructing apartment blocks.

Short URL: http://ubpost.mongolnews.mn/?p=5861

Posted by on Sep 10 2013. Filed under Politics. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

Comments are closed

Recently Commented

  • NAMBC: The SouthGobi verdict needs to be walked back. This episode is hurting Mongolia’s image among international investors, who...
  • JonaQuestArt: I attended This amazing event with talented Artists from across the world. It was great to see the works of Mongolian...
  • Honheree: The government of Mongolia has no clue about finance or economics. Does anyone remember in January, 2014 that the Finance...
  • MongolAbroad: Ulaanbaatar absolutely must be on this line…what is the Mongolian government doing letting this slip? The...
  • Robert Ritz: Considering tourism went down 10% last year in Mongolia, but went up over 10% in the rest of the world. I think the goal of...