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J.Bat-Erdene: Foreign Investors are highly interested in the list

J.Bat-Erdene: Foreign Investors are highly interested in the list

Aug. 30 | J.Bat-Erdene: Foreign Investors are highly interested in the list Mr. J.Bat-Erdene, the State Secretary of the Ministry of Roads, Transport, Construction and Urban Development has information to share in his field of responsibility. Late July, the Government...

Mongolia will build railway connecting the west with east

Mongolia will build railway connecting the west with east

Apr. 8 | Democratic Party Group meeting at the State Great Khural was held and Prime Minister S.Batbold attended the meeting introducing his four issues, planned to propose to the general session of SGK, including Tavan Tolgoi deposit, railway, 100 family housing...

Proposals on trading shares of strategic deposits are followed by cautions

Proposals on trading shares of strategic deposits are followed by cautions

Jan. 27 | The Parliament started to discuss a draft resolution on guidelines for privatization of state-owned properties in 2010-2012. The novity of the guidelines is a proposal by the Government to trade state-owned shares of shareholding companies through the...

₮15 billion bond will be issued before the New Year

₮15 billion bond will be issued before the New Year

Nov. 30 | Previously, Mongolia Ipotek Corp. (MIC) issued ₮10 billion with interest rate of 14% and maturity of 5 years. “Its interest rate is closely related from the Central Bank rate and due to the decrease of central bank rate, its interest rate can be decreased...

Kh.Battulga, Minister for Roads, Transport and Urban Development: ₮650 thousand, planned by the Government is credit line.

Kh.Battulga, Minister for Roads, Transport and Urban Development: ₮650 thousand, planned by the Government is credit line.

Nov. 4 | photo courtesy of gogo.mn Government of Mongolia issued bond of ₮180 billion and resolved to spend it for funding of the state servants housing. But the resolution stated that it will give loan based on the calculation of 650 thousand MNT per sq.meter...

1 trillion MNT is at halt

1 trillion MNT is at halt

Aug. 10 | Many problems are yet to come to the companies that run their businesses in the construction sector. Non-Governmental Organizations, Private companies and representatives of Trade Unions organized meeting under the title of ‘Construction and Unemployment’...

Mongolia-China construction business forum will be held

Mongolia-China construction business forum will be held

Jun. 16 | China is the biggest partner and supplier in construction business of Mongolia. The Mongolian construction sector is already in crisis, but in China it is flourishing. Therefore, two sides will meet in seeking way out of the crisis. The partnership forum...

Barilga Sale – 2009

Barilga Sale – 2009

May. 27 | Barilga Sale – 2009 exhibition start today at the “Tekh” construction materials merchandise center. Ministry of road, construction and urban development is also involved in organising this exhibition. The main subject of this exhibition is to find...

Price of real estates and houses will drop further

Price of real estates and houses will drop further

Feb. 20 | National statistics committee have researched into 6 districts of the capital about the price of real estates and houses. In the 4th quarter of the year 2008, the prices were increased by 18.3% in comparison to the 4th quarter of the year 2007 but prices...

Sales of houses and real estate were dropped by 90%

Sales of houses and real estate were dropped by 90%

Feb. 11 | We are experiencing a slowdown in the economic financial sector as well others sectors especially in the housing sector. Sales of houses and real estate have slumped by 90% and prices fell 20-30% on average, a report shows. Government is implementing...