Technical loans from the Austrian Government worth USD 40 million was approved by the State Great Khural and projected to be granted in 2017. The loan is to have zero interest rate.
Following projects are expected to be implemented by the loan from Austrian Government;
- build mortuary facility in Ulaanbaatar city that meets international standard,
- construct renewable energy plant which has capacity of 4.5MV,
- develop, finance and supply non-centralized small sewage system for ger-district and satellite cities,
- build waste plastic recycling plant in Ulaanbaatar city.
Budget for each project is estimated to be around EUR 6-7 million.
In 2011, Austrian Government granted EUR 40 million soft loan to Mongolia and funded the following projects;
- supplied medical equipment to four hospitals of Ulaanbaatar city
- City Emergency Management Agency purchased firefighting apparatus for tall buildings (more than 15 storey)
- started the project to introduce technological upgrades in repair of fresh water pipeline.
Technical loans from the Austrian Government worth USD 40 million was approved by the State Great Khural and projected to be granted in 2017. The loan is to have zero interest rate.
Following projects are expected to be implemented by the loan from Austrian Government;
- build mortuary facility in Ulaanbaatar city that meets international standard,
- construct renewable energy plant which has capacity of 4.5MV,
- develop, finance and supply non-centralized small sewage system for ger-district and satellite cities,
- build waste plastic recycling plant in Ulaanbaatar city.
Budget for each project is estimated to be around EUR 6-7 million.
In 2011, Austrian Government granted EUR 40 million soft loan to Mongolia and funded the following projects;
- supplied medical equipment to four hospitals of Ulaanbaatar city
- City Emergency Management Agency purchased firefighting apparatus for tall buildings (more than 15 storey)
- started the project to introduce technological upgrades in repair of fresh water pipeline.