IFC AND UB CITY TO COOPERATE IN GREEN TECHNOLOGIES

Mayor of Ulaanbaatar S.Batbold received Thursday Mr Tuyen D. Nguyen, the Resident Representative of the International Financial Corporation in Mongolia, and Mr Jesse Ang, the program coordinator for East Asia.

The sides designated the desired fields of cooperation, and exchanged views on the introduction of green technologies.

The IFC is a member organization of the World Bank and maintains focus on Public and Private Partnership (PPP).

Mr Nguyen expressed interest in showing technical assistance and consultancy in improving competitiveness of the city, establishing favorable environment for businesses,  and creating jobs through promoting small and medium enterprises. He mentioned that the IFC can also consult on the introduction of environmentally friendly technologies.

In response, the Mayor S.Batbold expressed his gratitude to the IFC’s cooperation proposal for Ulaanbaatar has been aiming to become a green-city. The IFC, as it is oriented around PPP, should closely work with the Development Corporation of Ulaanbaatar, he said and expressed willingness to expand cooperation into providing the residents of ger-areas with affordable housing apartments, reducing the green-house gas and fog emission and in constructing industrial parks.

Source:http://en.montsame.mn/politics/ifc-and-ub-city-cooperate-green-technologies