As of October 30, 2012, the Development Bank of Mongolia has disbursed the funds of MNT 354.4 billion to the following projects:
· MNT 74.4 billion for 20 auto road construction and 21 design and drawing projects,
· MNT 40 billion for 6% mortgage loan to the State Bank,
· MNT 8.2 billion to SME Development Fund,
· USD 100 million to Erdenes Tavan Tolgoi LLC for railroad project,
· USD 61.3 million for expansion work of Khutul Cement and Chalk LLC, and
· USD 5.3 million for the purchase of new airplanes to MIAT LLC.
The Bank is planning to disburse MNT 672.7 billion by the end of this year.
http://www.dbm.mn/en |
Wednesday, May 15, 2013
DBM begins disbursing funds
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