Mongolia

Much of the attention in the mining sector in late 2012 had been on Oyu Tolgoi, where production of copper and gold was imminent but the focus was instead on the controversy over how the government and its partners would split the revenue. Meanwhile, developments at Tavan Tolgoi (TT), the other flagship mining project in Mongolia, were ongoing at a...

Railroad plans are central to the country’s development strategy, as a massive boost in capacity is required to preserve and extend the mining boom under way now. The country’s parliament, the Great Khural, formed a new government corporation to address the needs in 2008, and made clear its railway policy in 2010. There has been little progress in...

The structural conditions for Mongolian manufacturing remain challenging for 2013, despite potential in a few niche segments such as food processing for local markets and cashmere products for exports.

Ulaanbaatar is the only city in Mongolia with more than 100,000 people, but opportunities outside the capital city are in many cases as attractive as those within its borders. Towns that have until now been sleepy frontier outposts are set for a transformation thanks to the mining sector – labour demands at the mines will mean the need for housing,...

In such a highly seasonal market the break-even point has been challenging for most tour operators to reach. While tourist arrivals have grown over the past decade, the number of operators has surged and only a handful in the sector are able to thrive on the basis of a four-month high season alone. Although new air links may diversify the type and...

With one of the best internet infrastructures in the region, Mongolia is a technological surprise. Speeds are high, latency is near zero and restrictions are few. In tests done by Ookla, a broadband performance testing company based in Seattle, Washington, Mongolia’s download speeds were clocked at 11.89 megabits per second (Mbps) at the end of 2012...