Member of Parliament, Minister of Economic Development N.Batbayar and Country Director of the Asian Development Bank (ADB) Robert Schoellhammer signed a financial framework document for the “Ulaanbaatar Urban Services and Ger Areas Development Investment Program” at Government House on December 9th, 2013.

Represented at the signing ceremony were the Deputy Mayor of Ulaanbaatar City in charge of Construction, Urbanization and Investment, S.Ochirbat and the head of the Ulaanbaatar City Governor`s office, Yo.Gerelchuluun.

It is believed the nine year program will solve paved roads, comprehensive public and engineering infrastructure with sub urban centers in order to improve convenience of public service to civilians.

According to news released by the Press and Public Division of Parliament, the financial source of the program will be guaranteed at the ADB Directors board meeting, which is scheduled on December 12th, 2013.