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    Summary sheet

    Release date
    17 September 2020
    Status
    Reference
    Approved | 11/11/2020
    20190316
    Project name
    Promoter - financial intermediary
    MONGOLIA DEVELOPMENT OF SECONDARY URBAN CENTRES
    MINISTRY OF CONSTRUCTION AND URBAN DEVELOPMENT - MONGOLIA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    USD 100 million (EUR 85 million)
    USD 294 million (EUR 250 million)
    Location
    Sector(s)
    Description
    Objectives

    The proposed investment programme aims to support the government in establishing green, resilient, inclusive, and competitive urban centres in selected aimags (provinces) of Mongolia. The program, jointly financed with the Asian Development Bank, will comprise a sequenced set of investments to promote inclusive rural-urban transformation, including the most urgent and critically needed infrastructure.

    The investment program is a part of a larger ASDIP Programme (Aimag and Soum Centers Green and Resilient Regional Development Investment Program). The ASDIP assumes financing of a holistic regional development programme whose goal is to increase economic activity in selected regions of Mongolia while at the same time reducing pressure on the environment from overgrazing by livestock. The project will provide basic infrastructure to those areas of secondary and tertiary urban centres, which currently lack infrastructure. In addition, the project will require strengthening and renovation of existing urban infrastructure, construction of waste water treatment plants where these plants are missing, construction of affordable housing, renovation (including improvement of energy efficiency) of public buildings such as schools and hospitals, flood protection, drainage and construction of renewable energy generating facilities in the form of photovoltaic (PV) panels on top of or next to public buildings.

    Environmental aspects
    Procurement

    The project is a Framework Loan operation. If located in the EU, some of the schemes might have fallen under Annex II of the EIA Directive and would need to be screened by the Competent Authority. Should any scheme be screened in, the Promoter shall deliver the Environmental Impact Study, and if applicable the social assessment, to the Bank, before Bank funds can be allocated under the loan.

    The Bank will require the Promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.

    Under ELM Guarantee

    This operation is covered by the ELM Guarantee.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - MONGOLIA DEVELOPMENT OF SECONDARY URBAN CENTRES
    Publication Date
    25 Nov 2020
    Document language
    Main Topic
    Lending
    Document Number
    131050416
    Document Focus
    Environmental Information
    Project Number
    20190316
    Sector(s)
    Countries
    Publicly available
    Download now

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