State and local government agency property assessment to be carried out

The American Chamber of Commerce in Mongolia

2018-01-11 10:01 GMT+8

An assessment of state and local government agency land permits and registered properties will be carried out in 2018. The Government Agency for Policy Coordination on State Property, Ministry of Finance, Ministry of Foreign Affairs, Ministry of Construction and Urban Development, Capital Property Agency, and the Agency for Land Administration and Management, Geodesy, and Cartography will cooperate on conducting the assessments.

A previous assessment of state and local government agencies land permits was not registered for financial reporting, and a state and local government property assessment hasn’t been conducted since 2009.

The assessment is expected to resolve issues with unverified land ownership permits, incomplete documentation, and missing fire, flood, and earthquake risk notices.

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