Though the industrial and manufacturing base in Mongolia is tiny and facing significant structural challenges, several niches within this economic sector seem ideally suited for growth, and progress is already measurable. Segments including beverages, food processing, fast-moving consumer goods and pharmaceuticals look poised for expansion. Many of...
While in the early stages, ambitious plans to develop a nuclear power industry will likely be put into motion in the years ahead, as will developments to expand the country’s uranium mining assets. This could position Mongolia as a leading player in the Asian nuclear fuels market, with high demand for feedstock and power.
The retail sector in Mongolia has made great strides in recent years, in step with its fast-paced economic growth. Although largely confined to the capital city of Ulaanbaatar, this transformation has brought luxury retail, chain stores, hypermarkets and other retail strategies that have elsewhere presented challenges to the old model of small...
As a large, landlocked country bordering only two others – Russia and China – Mongolia depends on its land and air transport systems to get goods and services to market. Economic development has also meant the country is undergoing rapid urbanisation, placing increasing pressure on its urban transport infrastructure, while boosting a need for better...
In which sectors can Mongolia develop a competitive advantage over its regional neighbours?
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