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http://dx.doi.org/10.5804/LHIJ.2012.3.4.357

Implementation of the Urban Development Projects in Ulaanbaatar  

Jeong, Yeun-Woo (한국토지주택공사 토지주택연구원)
Seong, Jang-Hwan (한국토지주택공사 토지주택연구원)
Publication Information
Land and Housing Review / v.3, no.4, 2012 , pp. 357-367 More about this Journal
Abstract
The efficient business scheme were suggested with the consideration of the local development condition at Ulaanbaatar. Major findings of the study were presented as follows. First, high level of education and the underground resources are presented as the merits of Mongolia. On the other side, the defects are limited domestic demands of 2.6 millions of population and the insufficiency of the infrastructure. The improvement of the infrastructures like roads, water & sewage, electric power, and heating is urgent while the development pressure of Ulaanbaatar is expected to be high due to the continuous inflow of population. Secondly, the Mongolian land system consists of the right of ownership, lease and use, therefore there are some differences among the right of land. Thirdly, definite business scheme to sell land in lots and to sell buildings in lots are suggested which are actual methods to participate in the development project in Ulaanbaatar. Moreover, enhancing the possibility to sell the lands, fixing the proper sale price to secure the profit, finding the proper buyer for the profitable lands, investing of quota and guaranteeing of granting the principal and interest by the Mongolian government, etc. are presented as consideration when participate in projects.
Keywords
Mongolia; Ulaanbaatar; Urban Development;
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