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Eight Interesting facts about the Capital city of Mongolia 1. ULAANBAATAR’S TALLEST BUILDINGThe third tower of the Shangri-La Centre, commissioned in 2016, is considered to be the tallest building in Ulaanbaatar. The building is 34 storeys and 136 meters high. The first part of the Shangri-La Centre was built in 2014, and the second part in 2015. The second section includes a 24-storey office tower and a 34-storey 200-room luxury hotel.