Economic development has led to rapid growth of the real estate sector, particularly residential as more and more Mongolians find themselves in a position to buy their own homes. Established in 1991, Odcon is one of leading construction companies in Mongolia. Mr L. Munkhbat, Executive Director of Odcon, speaks to Untied World about the development of the construction sector, his company and its commitment to employee development and welfare
Unfortunately, public institutions and the government need to brighten their sights. The government must try to form a new management style. When you look at private and public companies you will see totally different pictures. The best example is the Power station built by MSC within a short period of time. The government is now struggling with the power station No.5 project in Ulaanbaatar city for many years. The government should leave more space for private companies.