Sustainable urban development in Ulaanbaatar

The Go.to Market complex helps to strengthen community wellbeing, creating urban spaces that minimise environmental impact.

Ulaanbaatar, Mongolia’s capital and home to nearly half of the country’s population, has experienced rapid urban growth in recent years. However, the city’s northern districts have long lacked access to modern retail, leisure, and community facilities. To address this gap, Master Tunshlel LLC, a subsidiary of Master Group, launched the “Go.to Market” shopping and entertainment complex — the first and largest multifunctional centre in northern Ulaanbaatar.

Founded in 2008, Master Group is one of Mongolia’s leading construction companies, known for its quality and innovation in residential and commercial developments. The company is strongly committed to creating modern, sustainable, and community-oriented urban spaces.

Recognising the importance of sustainable construction, Master Tunshlel LLC partnered with the Green Economy Financing Facility (GEFF) to integrate energy-efficient technologies throughout the “Go.to Market” complex. The investment, partly financed through a USD 4,900,000 GEFF Loan provided by Khan Bank, enabled the installation of advanced insulation systems, efficient ventilation units, and modern LED lighting.

As a result of these investments, the building’s annual energy consumption has decreased by 1,182 MWh, and CO₂ emissions were reduced by 657 tonnes per year, contributing significantly to climate change mitigation.

Beyond energy efficiency, the project also incorporates sensor-activated water systems, greywater recycling, rainwater harvesting, and a waste-sorting and recycling unit for glass, paper, and plastic materials.

The Green Economy Financing Facility (GEFF) in Mongolia was developed by the European Bank for Reconstruction and Development (EBRD) and is supported by the Green Climate Fund and the Government of Japan.