A central part of Mongolia’s ambitious New Development Programme (NDP) is the “100,000 houses” project. The aim of the scheme is simple – to construct 100,000 units of affordable family housing across the country, with the majority of these – 75,000 units – being built in Ulaanbaatar. Completing this programme will likely be one of the most...
Given Mongolia’s small population, almost half of whom are still nomads, the country does not seem at first glance like the ideal spot for high-end shopping. However some of the world’s most exclusive retailers have opened up in Ulaanbaatar. Central Tower, a Grade A office tower across from the city’s geographic, political and social focal point,...
While Mongolia is rapidly becoming world famous for the large deposits of gold, copper and coal at its mines, a less well-known investment story is that of the country’s hydrocarbons sector. Recent surges in exploration promise significant expansion of the sector, and the government is also looking at developing its own downstream operations. The...
The next several years are likely to see the Mongolian hotel market become considerably more competitive and dynamic as major international chains open in the country and existing institutions look to strengthen their positions in the industry.
So many opportunities in Mongolia are just that – potential yet to be fully explored. That is what makes the mobile market so unique – it is one of just a handful of mature segments. Mobile telephony in 2010 attracted approximately 73% of all telecoms investment. There were 91.3 mobile subscribers per 100 people according to the Communications...
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