Thanks to rapid economic growth and the unleashing of rising demand, Mongolia’s real estate sector is currently experiencing something of a comeback. Centred on and dominated by Ulaanbaatar, the market has experienced a strong growth in activity as well as yields in 2010-11, with the expectation that this expansion will continue into 2012.
What have been the trends in the Mongolian real estate market over the last three years?
Almost a byword for remote landscapes, Mongolia exerts a strong pull on the adventurous traveller, and its unique offerings are being discovered by a new generation of visitors. The industry has a small but expanding base of business and backpacker tourists coming to explore and develop its economic potential, while the country looks to strengthen...
Like most sectors, the technology industry in Mongolia is just getting started. Broadband networks are still in development, and internet and computer penetration rates are low. Getting everyone plugged in and computer-literate is going to be a challenge due to the country’s geography – Mongolia is the least densely populated nation in the world,...
Which areas of the industry do you expect to be the primary growth drivers for arrivals in the future?
How competitive is the mobile market in Mongolia and how will this affect the sector’s growth?
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