Several projects to be implemented with Hungarian soft loans
Several projects to be implemented in with Hungarian soft loans.
Several projects to be implemented in with Hungarian soft loans. A cooperation memorandum is signed with Hungary on EUR 25 million soft-loans for funding projects on reconstructing the capital city’s sewage treatment and building a new one, on establishing a bus-assembling factory, on a smart business center, on organic foods and on constructing smart bus-stations. The financing of EUR 25 million will be granted through the Exim Bank of Hungary. The Ulaanbaatar capital city municipality will take immediate actions to commence the projects.
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