Mongolia

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As the agriculture sector prepares for winter, a major export deal with China and improvements in trade relations with Russia are heating up prospects for Mongolia’s meat industry.
Mongolia's metals and coal-related boom shows no sign of abating, with recent state figures confirming healthy growth across the economy. However, there continue to be concerns over a demand slump in China and the timing of a major mine listing.
Mongolia’s government has marked this year’s 90th anniversary of its telecommunications sector by pledging new ICT services in health, the transport system and emergency management.
As Mongolia marks 85 years since its building sector was formally established, intensive demand for private and public construction is creating jobs and furthering the need in the residential segment, while domestic involvement in foreign-led mining projects is adding to the overall demand in the sector.
Mongolia’s government is emphasising its plans to diversify from reliance on mining-related revenues and investment in the hope that the development of the manufacturing and agricultural sectors will create a more advanced industrial base.
With Mongolia’s mining resources set to generate huge national wealth in coming years, a rise in consumer and investor confidence will likely see the retail sector expand rapidly.

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