Ulaanbaatar city works have been divided into Governor's Office and UB city Mayor Office. Mayor's office is in charge of the utilization and operations, while Governor's office is in charge of Governance and the implementation of the Laws and Regulations approved by State Great Khural and Government of Mongolia.
Even though Mongolia has shifted to market economy, the city of Ulaanbaatar was still managed in old soviet manner. In veiw of this, City Offcials decided it is time to establish Economic Development Corporation to advance city development and accumulation of the funds.
Last July City Council approved this change and within the scope of this resolution have merged some of the agencies and organizations. The Economic Development Corporation is to be operational starting next year.
Ulaanbaatar city works have been divided into Governor's Office and UB city Mayor Office. Mayor's office is in charge of the utilization and operations, while Governor's office is in charge of Governance and the implementation of the Laws and Regulations approved by State Great Khural and Government of Mongolia.
Even though Mongolia has shifted to market economy, the city of Ulaanbaatar was still managed in old soviet manner. In veiw of this, City Offcials decided it is time to establish Economic Development Corporation to advance city development and accumulation of the funds.
Last July City Council approved this change and within the scope of this resolution have merged some of the agencies and organizations. The Economic Development Corporation is to be operational starting next year.