Mongolia

The sector has been moving from a state-owned and -controlled industry to one driven by for-profit firms for the past two decades. However, this transition has been complicated by the challenges of extreme climate, a shortage of trained workers and logistical obstacles preventing the establishment of a steady flow of low-cost and on-time materials...

Mongolia had a relatively open and free telecoms market — that was until May 2012 when the government passed the Foreign Investment Law of Mongolia that, among other things, restricted investment in the key areas of minerals, banking, finance, media and communications. The law was primarily motivated by the growing concern that foreign interests...

Endowed with isolated, unspoilt nature and a nomadic Buddhist culture, Mongolia has managed to develop a small but potentially profitable tourism sector, which is expanding through support from the public sector and a growing focus on adventure and nature. Strong mining-led economic growth in the past decade is expected to dilute tourism’s overall...