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Mongolian Economy
Investment Incentives in Mongolia

Key Investment Sectors, 2002, US$ Million:

 

Prospecting, Oil & Mining157.2
Trade and Services6.9
Light Industry4.7
 Education & Media2.4
Construction2.4
Transport 2.3
Other27.9

*Source: FIFTA

The labour force is educated and inexpensive. Mongolia has a high literacy rate and...

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Economic Development in Mongolia

Mongolia’s future economic development is heavily dependent on foreign direct investment.

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What you need to know about the Economy

Fact you need to know about Mongolia's economy and natural resources

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Monglia's Economy

Money, money, money

For more than a decade Mongolia has had an open economic policy to attract foreign investors. It has also implemented many economic and social reforms to further boost (FDI) foreign direct investment. The Foreign Investment Law, last amended in 2001, lays our the rights of investors to invest in virtually any sector and region—with few restrictions and equal to the rights granted to Mongolian investors.

Why Mongolia?
Mongolia is the crossroads where Europe and Asia meet. Mongolia is politically and economically stable providing a very important and strategic location between two giant economic powers—Russia and China.

 
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