Dornbirn, Austria / Ulaanbaatar, Mongolia – The international lighting group Zumtobel Group has secured a contract in the low double-digit million range with the Mongolian government for a comprehensive street lighting project in the north of Mongolia’s capital. Roughly 11,000 LED lights of the Thorn brand will be installed in previously unlit streets and squares, thus contributing to increasing the standard of living in public space. The aim is to use light to reduce the crime rate and enhance safety on a sustained basis. In addition, the provision of essential infrastructure such as lighting is a key factor for attracting companies and therefore serves the overall economic upswing in the region.
The Mongolian government therefore puts great expectations in the implementation of the Zumtobel Group’s lighting project in order to enable substantial improvements in everyday life for a previously disadvantaged population group. Around 200,000 people live in the provinces of Darkhan-Uul and Selenge in the north of Mongolia.
“Light is an essential element to improve the standards of living in public space. We are therefore pleased to be able to contribute a little to improving safety with our lighting project and, consequently, to Mongolia’s economic development in the long term,” Alfred Felder, CEO Zumtobel Group, commented on the successful conclusion of the project.
In this project, the Zumtobel Group offers a turn-key end-to-end solution comprising not only a high-quality lighting system, but also services including project management, planning, delivery, commissioning as well as training and regular maintenance. To date, the Zumtobel Group has not conducted any market development activities in Mongolia. A successful completion of the project will thus provide a suitable basis for any future activities in this market.
The project is financially secured by concessional financing (soft loan) of Oesterreichische Kontrollbank AG (OeKB). Soft loan financing is used to support the Austrian export industry. These development aid loans, which are granted on favourable terms in cooperation with the public sector, also serve the sustainable development of the target country.
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