In a meeting on April 20th, the National Committee to Reduce Environmental Pollution, led by the Prime Minister, made a decision to provide cleaner fuel to 202 thousand households living in the air quality improvement area.
To prepare for this, the government will finance 4 billion MNT and issue guarantees for the remaining 46 billion MNT. It is expected that a plant will start operating by the middle of next September, with the capacity to improve 200 thousand tons of fuel. By the end of 2018, 80,000 tons of fuel will be improved, with a maximum price per ton of approximately 150,000 MNT.
A soft loan of 500 million USD from South Korea will be spent on reducing air pollution, with 15 projects implemented in ger districts development, as well as construction of additional rental units and renovating public transport.
The Ministry of Construction and Urban Development has stated that new mortgage loans of 320 billion MNT will be allotted for 4-5 thousand households in 2018, rising to approximately 500 billion MNT in 2019.
In a meeting on April 20th, the National Committee to Reduce Environmental Pollution, led by the Prime Minister, made a decision to provide cleaner fuel to 202 thousand households living in the air quality improvement area.
To prepare for this, the government will finance 4 billion MNT and issue guarantees for the remaining 46 billion MNT. It is expected that a plant will start operating by the middle of next September, with the capacity to improve 200 thousand tons of fuel. By the end of 2018, 80,000 tons of fuel will be improved, with a maximum price per ton of approximately 150,000 MNT.
A soft loan of 500 million USD from South Korea will be spent on reducing air pollution, with 15 projects implemented in ger districts development, as well as construction of additional rental units and renovating public transport.
The Ministry of Construction and Urban Development has stated that new mortgage loans of 320 billion MNT will be allotted for 4-5 thousand households in 2018, rising to approximately 500 billion MNT in 2019.