Doing Business in Mongolia

Tremendous mineral reserves, agricultural endowments, and proximity to Asia’s vast markets make Mongolia an attractive destination for medium- to long-term foreign direct investment (FDI). 2017 spikes in coking coal prices spurred GDP growth from 1.2 percent in 2016 to 5.1 percent in 2017, and FDI inflows reached USD 792 million in 2017 from USD 218 million in 2016. Mongolia is the most special place for the potential Investors, which is being enabled business friendly and favorable environment with its generous incentives.

• Diversified and growing market exists in Mongolia;

• Technology Innovation Hub;

• Large mineral resource base that can be leveraged for value added processing;

• Developing Industry and Infrastructure;

• A bridge between the two economic powerhouses of Russia and China;

• Young, well educated population;

• Private Sector & Privatization /privatize major state assets, list Mongolian conglomerates and exploration license aggregators on MSE/;

• PPP & Modernizing Infrastructure;

• Rule of law &Regulatory Quality & Transparency;

• Ensuring guarantee for investors /tax & non tax/;

• Promising mega projects; and

• Thriving Telecoms & IT sector.