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Investment Incentives in Mongolia |
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Key Investment Sectors, 2002, US$ Million: | Prospecting, Oil & Mining | 157.2 | | Trade and Services | 6.9 | | Light Industry | 4.7 | | Education & Media | 2.4 | | Construction | 2.4 | | Transport | 2.3 | | Other | 27.9 |
*Source: FIFTAThe labour force is educated and inexpensive. Mongolia has a high literacy rate and...
The labour force is educated and inexpensive. Mongolia has a high literacy rate and rapidly developing IT skills. Connecting regional and city centres with high-speed network for e-commerce and distance learning is another priority for Mongolia. Magicent is Mongolia’s leading ISP and has already completed a network for the west of the country. Investment Incentives | Tax incentives for investment expansion, staff hiring and training, technology innovation | | Tax rebates for equipment imports, especially for high technology applications | | Free trade zones offering corporate tax, import and export duty incentives and simplified customs procedures | | Mongolia also has membership in the WTO, the IMF and the World Bank |
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Mongolia 
