Investors Are Looking for Political and Economic Stability
We say at the EBRD that the Mongolian economy will grow at 7.2 percent this year, and the next year 7.5 percent. This is the EBRD forecast, which is above everybody else.
Ashok Lavasa: PPPs Can Actively Support Energy Transition
Asian Development Bank Vice President for Market Solutions Ashok Lavasa delivered a keynote remark at Mongolia Economic Forum- 2023 on 9 July. In his keynote remark, he emphasized the importance of developing the enabling environment for private sector participation and expanding private sector financing to meet growing investment needs for inclusive growth and climate action. Below are some highlights from his speech.
This July Number of Passengers Totals 108,929 on 1077 Flights
"Chinggis Khaan" International Airport served 86,815 passengers on 595 international flights on July 1-16. As for local flights, 22,114 passengers were served on 340 local routes.
B2B Meeting of Mongolian and South Korean Companies
Entrepreneurs from Mongolia and the Republic of Korea gathered at the B2B meeting on the eve of the National Naadam Festival.
Prime Minister Meets Energy Sector Officials
At the beginning of the meeting, Minister of Energy B. Choijilsuren has given a brief information about winter preparations. As of today, the preparation for winter of the energy sector is at 54 percent.
Mongolia Fully Complies with 40 FATF Recommendations
By improving the rating of "Recommendation 8," Mongolia became the first country in Asia and the Pacific to fully comply with the 40 FATF Recommendations (according to the updated rating of Recommendation 15), and the fifth country in the world.
Government and Rio Tinto Will Implement Renewable Energy and Irrigation Projects in Gobi
“The participants of Mongolia Economic Forum appreciated the speech you presented today. Rio Tinto is a visionary company and I am confident that the project implemented in our country will be successful."
Rare Earth Elements to Greatly Attract Investments
Mongolia Economic Forum-2023 discussed about rare earth elements as the main source of future development of Mongolia, and the main sector to attract foreign investment.
Mongolia's Growing Economy and Favourable Investment Environment Underscored
On the second day Deputy Prime Minister, Minister of Economy and Development of Mongolia Ch. Khurelbaatar delivered keynote speech “We are ready”, noting the current state of the economy, business and investment environment, infrastructure condition, and the proven reserves of mineral resources. Here are some underscoring figures in his presentation.
Develop by Leaps and Bounds
Mongolia Economic Forum-2023 continued with the plenary session "New Future-New Opportunities," at which they discussed various topics as economics, new technologies, geopolitics and English.
Dominic Barton: Mongolia Should Be Ready for Global Energy Transition
A new type of globalization is taking place and the focus is shifting to Asia. In his speech, he pointed out that there are advantages and great opportunities for Mongolia in this situation.
All Government Organizations Assigned to Protect and Support Investment
In his speech, the Deputy Prime Minister listed the sectors that can be invested in Mongolia. First, he mentioned the energy and infrastructure sectors, and emphasized that Mongolia's agriculture sector is a new sector that can attract foreign investment.
Mongolia Economic Forum-2023: Highlights from Prime Minister's Speech
Launching the Mongolia Economic Forum-2023, Prime Minister of Mongolia L. Oyun-Erdene opened the event with welcoming remarks. Here are some highlights from his speech to investors.
Speaker G. Zandanshatar Delivers Keynote Speech to Mongolia Economic Forum-2023
The spring session of the Parliament that had been concluded just two days ago was of a progressive reform or reform session. For the last four years, we have been pursuing the idea of a "3D" reform.
Mongolia Economic Forum-2023 Launches
"Mongolia Economic Forum 2023" has started today at the State Palace. About 1,700 domestic and foreign guests are participating in this Forum, which is being held under the slogan "Welcome to Mongolia."
Speaker of Lok Sabha Visits “Mongol Refinery” LLC
The Speaker of the Lok Sabha, Lower House of the Parliament of India Om Birla, who is on an Official Visit to Mongolia visited the state-owned company “Mongol Refinery” LLC on July 7.
Executives of over 10 Major World Banking and Financial Institutions to Arrive in Mongolia
Mongolia Economic Forum-2023 will start this Sunday. Within the bounds of the "Years to Visit Mongolia,” the Forum will be held on the eve of the National Festival Naadam, on July 9-10.
Green Loan Program of the European Bank Starts in Mongolia
The European Bank for Reconstruction and Development (EBRD) has launched the Green Economy Financing Facility Program (GEFF) in Mongolia. The opening of the Program took place yesterday at the "Shangri-La" hotel.
Closure Plan of Salkhit Silver Mine
The ceremony of handing over the standard management plan for the closure of the Salkhit mine was held yesterday at the "Tuushin" hotel.