70% of Mongolian households reside in ger district www.gogo.mn
In Mongolia, 70% of households live in informal housing, such as ger districts and houses without access to proper engineering infrastructure, according to discussions at the first meeting of the National Wealth Fund and National Housing Committee. The remaining 30% reside in apartments with modern amenities.
L.Oyun-Erdene, Prime Minister of Mongolia, addressing the urgent housing issues, emphasized the need for decisive action to address the challenges faced by 273,736 households in Ulaanbaatar, 144,308 in province centers, and 295,775 in soum centers, many of whom lack adequate housing conditions.
To tackle these problems, the government outlined several measures to be implemented by January 15, 2025, within the framework of the National Housing Policy supported by the National Wealth Fund's Savings Fund. These initiatives include:
Drafting and submitting legal frameworks for the National Housing Law and Housing Policy to the Parliament.
Developing a comprehensive housing strategy to support young families and increase access to affordable housing. Reforming the mortgage financing system and expanding funding resources to improve accessibility for citizens.
Establishing standards for affordable and environmentally friendly housing, and introducing mortgage options tailored for such developments.
Increasing energy and heating supply capacity while extending infrastructure lines to facilitate the implementation of the National Housing Plan.
Designing and implementing plans for the redevelopment of Ulaanbaatar’s ger districts, land acquisition, and infrastructure construction in provinces and soum centers, utilizing both state and local budget allocations.
Published Date:2024-11-25