The foundation stone laying ceremony of the first phase construction of the Auto Trade Complex in the 32^nd khoroo in Songinokhairkhan district was held on August 27^th.

Sales centers for used cars, parts, and equipment in 34 locations in Ulaanbaatar will be moved out of the city when the parking lot is finished in the first phase of construction. The Auto Trade Complex is part of the Ulaanbaatar Master Plan through 2020 and urban-redevelopment.  Officials believe such a move will be effective for the reduction of air and soil contamination and traffic congestion in the city.

The Auto Trade Complex will feature sales of vehicles, spare parts, tires, oil and lubrication, car insurance services, vehicle diagnostics, license plate number services, tax payment services, leasing services, auto repair, car wash facilities, and advanced driving courses, a driving safety center and a vehicle testing range.

The residential “New City Center” being built for a population of 10,000 will be built near the Auto Trade Complex to encourage residency in the area.

As project operator of the parking and road construction, Eko Togtol LLC, Anandiin Zam LLC, Bat Cubic LLC, and Tegsh Plant  LLC were selected and have begun the  first phase of the construction.  According to the contract,  the project operators will complete the first phase of construction by October 1, 2014.