DEVELOPMENT COOPERATION BETWEEN GOVERNMENT OF MONGOLIA AND GOVERNMENT OF KUWAIT

Author: Development Financing Department

Published date: 13/03/2018


Development cooperation

Diplomatic relations

  • 17 June 1975

Diplomacy

  • Friendly relations and cooperation

Mechanism of development cooperation

  • High level officials visit
  • Mongolia, Kuwait Joint Committee

Agreement of cooperation

  • Signed the Treaty between Mongolia and Kuwait concerning the encouragement and reciprocal protection of investment in 1998

 

Type of Official Development aid

  • Concessional Loan
  • Grant aid

Counterparts

  • Ministry of Finance of Kuwait
  • Embassy of Kuwait in Mongolia
  • Arab economy development Kuwait fund

Priority areas of cooperation

  • ;
  •  
  • .

Total amount of  Concessional loan

The Government of Kuwait has provided total of 24 million Kuwait Dinar or $79.8 million in form of concessional loan to the Government of Mongolia.

Total amount of grant

The Government of Kuwait has provided total of $13.7 million in form of grant aid to the Government of Mongolia from 1998.

Ongoing projects, programs

Concessional Loans

  • Hydropower plant of Taishir project
  • Darkhan-Erdenet road project
  • Erdenet-Bulgan-Unit road project
  • Unit-Tarialan road project

Grant aid

  • Research center of Mongolia-Kuwait
  • Building of burn centre project
  • Khentii and Bayan-Ulgii provinces’ hospitals’ required equipment and emergency car
  • Project on housing for affected flood victims in Bayan-Ulgii province

DEVELOPMENT FINANCING DEPARTMENT

2018