Mongolia to cooperate with EBRD on public transportation
Mongolia to cooperate with the European Bank for Reconstruction and Development (EBRD) in development of public transport of Ulaanbaatar.
Mongolia to cooperate with the European Bank for Reconstruction and Development (EBRD) in development of public transport of Ulaanbaatar. It was stated by Mayor of Ulaanbaatar City Mr S.Batboldat his meeting with Svetlana Radchenko, deputy director of the EBRD Division on Russia, Central Asia and Mongolian investment affairs. The parties discussed cooperation on a solid waste reprocessing plant for UB and public transportation. Strengthening resilience by supporting the business climate and private sector growth is one of the EBRD’s key priorities. The EBRD has invested more than €1.3 billion since it started working in Mongolia in 2006 in projects from energy and small business, to industry and financial institutions.
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