Common use of Strategic Context Clause in Contracts

Strategic Context. 5. In February 2013, the Parliament approved the ―Adjustments to the Ulaanbaatar City Urban Development Master Plan 2020 and Development Directions 2030‖. The new master plan produced two important outcomes: (i) for the first time, ger area development is integrated into the city master plan, and (ii) the value and function of ger area subcenters is acknowledged as a key element of the city’s future growth. The MUB is currently developing the Ger Area Development Program, and in March 2013, established a steering committee led by the chairman of Ulaanbaatar city council. The MUB also established the Ger Area Development Agency (GADA), responsible for redevelopment of the ger areas, under the supervision of the vice mayor who is also in charge of urban development and investment. On 30 May 2013, the city council resolution N.10/38 endorsed the program, subcenter locations under project 1, and coordination of the investment program with the city master plan. The MUB also proposed to establish a special purpose development vehicle, tentatively named subcenter redevelopment authority, to facilitate, supervise, and coordinate the redevelopment process of the subcenters. 6. At the national level, the National Development Strategy and the New Reconstruction Midterm Program (2008–2016) constituted the framework to implement the program. The Ministry of Economic Development initiated the Street Project to improve roads conditions in Ulaanbaatar, including a ger area component under preparation. The program objectives are consistent with the strategic goals of the ADB’s Urban Operational Plan,8 the country partnership strategy,9 which is in line with ADB’s Strategy 2020.10

Appears in 2 contracts

Sources: Framework Financing Agreement, Framework Financing Agreement