According to the Presidium No.23 of the State Great Hural (Parliament) of Mongolia in 2013 approved the “Amendment of the General Plan for the Development of Ulaanbaatar city until 2020”, “Development orientation document until 2030”, “Ulaanbaatar Development Corporation” JSC is founded by the City Council’s Presidium NO.26/09 of April 30th 2015. The projects and programs reflected in the medium and long-term development policy documents of Capital City, such as, “Mongolia’s long-term development vision 2050”, “Guidelines for the development of the Capital City in 2021-2025”, “Mayor of Ulaanbaatar and Governor of the Capital City’s Action Plan for 2020-2024 and its implementation plan”, “Annual plan of the Capital City for 2022” to promote environmentally friendly green development, based on the best management of private sector and the trust of foreign investors, and to develop public-private partnership.
To make Ulaanbaatar city, the Capital City of Mongolia, a better place for citizens to live and work
We aim to make a tangible contribution to the economic growth of the Capital city and provide capital benefits to shareholders by implementing necessary projects and programs with public-private partnership.
Mr. J.Batbayasgalan, the Chairman of the City Council, was appointed as the Chairman of the Board of Directors of “Ulaanbaatar Development Corporation” JSC in March 2021.
He represents the Capital City in the Board of Directors of "Ulaanbaatar Development Corporation" JSC, who has a lot of experience working in the City Council, the Religious Council under the President of Mongolia, the Disciplinary Committee of the Court of Mongolia and Secretariat office of the State Great Hural.
He graduated from Tushee University in 2004 with a law degree, and in 2018 received a master's degree in law from the Law School of the National University of Mongolia.
Ms. T.Oyunchimeg, holds the position of Head of the Capital City Governor's Office, was appointed as a member of the Board of Directors of "Ulaanbaatar Development Corporation" JSC in December 2020.
She represents the Capital City in the Board of Directors of "Ulaanbaatar Development Corporation" JSC.
Ms. N.Bayarchimeg, holds the position of CEO of "Ulaanbaatar Development Corporation" JSC, was appointed as a member of the Board of Directors of Ulaanbaatar Development Corporation JSC in December 2020.
She represents the Capital City in the Board of Directors of "Ulaanbaatar Development Corporation" JSC. She has previously worked in the Capital City owned organizations, and has a lot of experience in the mining, investment, development policy, banking, and financial sectors.
She specialized in securities market, custodian banking service, corporate governance and public-private partnerships and project finance. She received a master's degree in international business administration from Pacific States University of the USA in 2010 and holds a master's degree in law from the Law School of the National University of Mongolia in 2020.
Mr. N.Manduul, the Chief Executive Officer of the Development Bank of Mongolia, was appointed as a member of the Board of Directors of "Ulaanbaatar Development Corporation" JSC in February 2021.
He has worked in the Ministry of Finance and the mining sector, specialized in project financial modeling, financial stability, financial programming, and public finance statistics.
He graduated from the American University of Bulgaria in 2007 with a degree in Economics and Business Administration, and in 2014 received a Master's degree in Business Administration from Brandis University in the United States.
Ms. B.Khash-Erdene, the Chief Executive Officer of the Ulaanbaatar Chamber of Commerce, was appointed as a member of the Board of Directors of "Ulaanbaatar Development Corporation" JSC in February 2021.
He has worked for the World Bank, the United States Agency for International Development (USAID), the German Agency for International Cooperation (GIZ), the Ministry of Finance, and the Mongolian National Chamber of Commerce and Industry (DMAIC), specialized in international standard auditor and management consulting project implementation.
She graduated from the School of Economics of the National University of Mongolia in 1997 with a degree in Economics and Statistics, and in 2016, received a Master's degree in Business Administration from the National Academy of Governance.
Mr. B.Davaadalai, holds the position of Economic Policy Advisor to the President of Mongolia, was appointed as a member of the Board of Directors of "Ulaanbaatar Development Corporation" JSC in February 2021.
He has worked for the Bank of Mongolia, the World Bank, the Government of Mongolia, and the Ministry of Finance, specialized in inflation forecasting, monetary policy, financial programming, and macroeconomic forecasting.
He graduated from the School of Economics of the National University of Mongolia in 2007 with a degree in Banking Economics and holds a Master's degree in Economics from the University of Columbia, USA.
Ms. Oyunchimeg, Director of the Policy and Research Development Department of the Mongolian National Chamber of Commerce and Industry, was appointed as an Independent Member of the Board of Directors of "Ulaanbaatar Development Corporation" JSC in February 2021.
She has 13 years of experience of Mongolian Trade and Production Promotion Agency and the Mongolian National Chamber of Commerce and Industry, specialized in SME support policies, investment project programs, international marketing and management, science and technology parks, and quality management consultant.
She graduated from the Mongolian Technical University in 1991 with a degree in Technological Engineering, in 1995 received a master's degree in the National Academy of Governance, and in 1999 received a master's degree in technical sciences from the Mongolian Technical University.
Ms. S.Bilguunzul, holds the position of Senior Economist at the Research and Statistics Department of the Bank of Mongolia, was appointed as an Independent Member of the Board of Directors of "Ulaanbaatar Development Corporation" JSC in February 2021.
She specialized in economics and finance, and has majored at the International Monetary Fund, the Asian Development Bank, the Association of Central Banks of Southeast Asia, and central banks in Germany, Singapore, Turkey, and China.
She graduated from the School of Economics of the National University of Mongolia in 2012 with a degree in Economics, and in 2015, received a Master's degree in Financial science from the University of London, England.
Ms. J.Zolzaya, holds the position of Founder and CEO of “Startup Marketing Space” LLC, was appointed as an independent member of the Board of Directors of “Ulaanbaatar Development Corporation” JSC in February.
She has worked as a founder, chairman and consultant for the Mongolian-German Bridge NGO, the Young Marketers NGO, the Mongolian National Marketing Association, the Social Democracy Mongolian Youth Association and the JCI Impact.
In 2005, she graduated from Otgontenger University with a degree in German language teacher and translator, in 2007 with a degree in Media Management from Ilmenau University of Technology in Germany, and in 2019 received a Master's degree in Business Administration from the National University of Mongolia.
In 2021
The “New Airport Passenger Transportation / Special and Large-Scale Operational Bus Service Project” was launched in cooperation with the “Mongolian National Development Corporation” LLC.
In 2020
Launched "The Community Service Center" project with “Petrovis” LLC, "Ulaanbaatar Parking Management" project with “UB Parking” LLC, and the project to introduce liquefied gas of heating for business entities and organizations with “Gazcom” LLC.
In 2019
Participated in the “Ulaanbaatar Economic Forum 2019”, and a meeting with representatives of the Chamber of Commerce and Economy of the Czech Republic, published the “Ulaanbaatar Avenue” magazine in English and Mongolian.
In 2018
Launched a project to "Introduce an international standard taxi service in Ulaanbaatar"
In 2018
Participated in meetings with "Moriland" LLC and VR System building, infrastructure and pipeline construction businesses, and investors in the real estate sector, “Ulaanbaatar Investment 2018” business meeting- open public discussion on introducing international standard taxi service in Ulaanbaatar, meeting with the mayor of Karamay, China, Tianjin Trade Committee, and JM Korea LLC, Korea,
In 2017
Implemented the "Natural gas for public transportation" project with "Ujin RDC" LLC of the Republic of Korea.
In 2017
Participated in the JCI APICC Asia-Pacific Forum, “Technology and Investment in Mongolia-2017” International Exhibition, II National Conference on Organic Food and Agriculture, and “Development of Public-Private Partnership Policy, Procedures, and Methodology to Improve Project Management in Ulaanbaatar”.
In 2015
Founded by City Council.
Ulaanbaatar Development Corporation JSC
Phone number : (976) 77770002
904, 9th floor, Khangardi Palace, Capital City Administration Building II, Jigjidjav street, 1st khoroo, Baga Toiruu - 15160, Chingeltei District, Ulaanbaatar city, Mongolia