CONSTRUCTION OF THE “SELBE 20-MINUTE CITY” PROJECT IS PROGRESSING RAPIDLY

 

The “Selbe 20-Minute City” project, aimed at creating a new urban center and a new standard of living environment for residents of Ulaanbaatar, is being implemented across a total area of 158 hectares in the 14th khoroo of Sukhbaatar District and the 14th and 18th khoroos of Chingeltei District.

As part of the project, 113 apartment blocks with 8,575 housing units will be constructed. The first phase, consisting of 3,818 housing units, is planned to be commissioned in the third quarter of 2027.

As of today, construction and installation works for the first phase residential buildings are actively progressing, with sixth floor assembly works currently underway. This demonstrates that the project is advancing step by step according to plan.

UBIM is cooperating within the framework of the “Selbe 20-Minute City” project to increase private sector participation and align the investment structure and financing model with the city’s development policy and project implementation.