Ministry of Construction reports at “Hours of Construction” meeting

Ulaanbaatar /MONTSAME/ The Minister of Construction and Urban Development Ts.Bayarsaikhan gave a report on works of 2013 and on goals of this year, at the weekly "Hours of construction" meeting on Monday. The construction industry increased by 70% last year, 20 thousand flats were put into use in the city and 7,000 thousand flats--in localities, and 14 thousand 685 people received the eight-percent mortgage loans, he said. Loans of 430 billion togrog were given to 97 companies for the financing of uncompleted constructions of apartments, most of the buildings are expected to be put into use this year, "so the supply of apartments will increase". One of the six sub-programes on price stabilization, implemented by the cabinet for reforms, is running at the construction sector. "Our policy focuses on supporting the domestic industry of construction instead of stabilizing prices of construction materials in 2014, and we will stop an import of cement and armatures by 2015," the Minister emphasized. This Ministry is working on a general plan for designing the great construction works, and all aimags will have their general plans of construction by 2014. Apart from the construction works, parliament passed last year clarifications to general plan for developing UB until 2020, also a document on developmental tendencies until 2030, and a draft law on addresses, whereas the cabinet approved a resolution on providing all streets, roads, squares and real estate with addresses, he said. The Minister also noted that parliament is expected to discuss many important bills on construction, on land, on re-developing city, on changing status of settlements, on parking lots and on classifications of Ulaanbaatar territories.