About Mongolian Properties Construction

Mongolian Properties Construction, a wholly owned subsidiary of the Group, serves as the general contractor for the Group’s real estate development projects, subcontracting major specialty services to third parties, such as specialist engineering companies. MPC has a proven track record in the construction business in Mongolia, with approximately 43,631 sqm in GFA of real estate development completed to date across three developments.

Since its acquisition in 2008, MPC has managed construction of all the Group’s real estate development projects, aiming to ensure that projects are completed to high internal standards while meeting project budgets and timetables, and limiting the risk of theft and other acts of bad faith by external contractors.