Ulaanbaatar
Discover Mongolia 2019 international forum to be held
Economy
Ulaanbaatar /MONTSAME/. The 17th annual Discover Mongolia conference will be organized on September 26-28 by the Ministry of Mining and Heavy Industry, the Business Council of Mongolia and the Mongolian National Mining Association. The event is aimed at showcasing key private sector led projects that are ongoing or advancing towards development, discussing political and public sentiment ahead of the 2020 Parliamentary election, government legislative plans, including proposed constitutional amendments, whether it leads to change of mining laws and other issues genuinely impacting investors and financiers.
The head of the organizing committee of the Discover Mongolia 2019 B.Munkhdul noted this year’s conference will touch on issues concerning Mongolia’s resource sector, public and private partnership in the mining sector, its geological potential, including coking coal and mining and guests of mining industry to deliver presentation on latest topics of the resource industry, such as Oyu Tolgoi development update, launch of Mongolia's first state-owned enterprise on international capital markets and so on.
“The Government of Mongolia revoked a number of mining exploration licenses and permits in recent times, raising concerns by local and foreign mining companies. Therefore, topics covering mining activities and licenses will be deliberated by the participants, mining investors and companies allowing them to further express their voices to the government”. Mr.B.Munkhdul added “Delivering correct and reliable information on state policy on mining, responsible mining, mining business environment and the current situation of mining sector in Mongolia is one of the purposes of this event. In addition some side events are planned for this year’s forum”.
On September 26 ahead of the event, a presentation meeting of Discover Mongolia 2019’s sponsors and international investors with the Minister of Mining and Heavy Industry and government officials will be held to exchange information on mineral industry and legal environment regarding the mining sector of Mongolia.
Furthermore, the Bank of Mongolia is also planning to give a presentation to the participants on monetary policy and national ‘Gold-2’ program and Oyu Tolgoi site visit will be organized on the sidelines of the conference.
For more information on the forum and tentative agenda, visit Discover Mongolia Forum 2019 website.
