PM Ch.Saikhanbileg addresses CAREC Investment Forum

2015-09-25 17:00:41

Ulaanbaatar /MONTSAME/ An Investment Forum was held here Thursday, organized by Erdenes Mongol LLC and the Asian Development Bank, in frames of the 14th Ministerial Meeting of the Central Asia Regional Economic Cooperation, running these days in Ulaanbaatar.

Some 350 delegates from 26 countries attended the forum to share practices of investment, and exchanged information about their own countries' investment opportunities and business environments.

In his speech, the PM noted that CAREC is a program that plays an important role in redusing poverty and promoting economic growth in the region. "By joining the program, the member states are facilitated with a possibility to coordinate their actions with other countries' efforts. Mongolia has been an active and supportive member of CAREC from the starting point", he highlighted.

Mongolia has been forwarding national mega projects for strengthening its economy, said the PM and noted that many projects are still eyeing potential investments.

The Premier pointed out that creating favorable legal environment for foreign investments is a priority of the Government and invited the investors to cooperate with Mongolia.

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