Mongolia

Displaying 61 - 66 of 82
With the 2015 target date by which Mongolia hopes to welcome 1m visitors per year drawing nearer, officials are calling on the government to channel investment into the country’s tourism industry and take specific steps to encourage greater private sector participation.
Foreign and domestic investor interest in Mongolia’s capital markets is rising thanks to fresh progress towards the approval of a planned new securities law and plans to modernise the country’s stock exchange.
Concerns that a new foreign investment law would severely impact Mongolia’s natural resource sector and economy as a whole are beginning to ease, as industry players now see that reformed legislation is necessary for the country’s economic evolution.
New rail links with Russia and China and a planned overhaul of the road network underline progress in Mongolia’s plans to use the recent surge in resource growth to improve infrastructure and transport. However, there are concerns that political wrangling could delay the implementation of ambitious projects.
A wave of new infrastructure and phased housing projects in Mongolia looks set to give the country’s construction sector a huge boost while also generating wide-ranging opportunities for foreign investors in the building industry.
Healthy growth in non-mining-related sectors of Mongolia’s economy and progress in plans for a multi-billion dollar industrial complex suggest the industry sector is on track towards contributing to the country’s goal of economic diversification.

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