CONTENTS MONGOLIA 2012:

MINING Ramped up: The sector is poised for substantial expansion despite some early-stage issues Plentiful potential: Rare-earth minerals Precious metals: A major copper and gold project has caused controversy Desert deposit: Coal from the south is set to transform the sector Make it official: The government is working to update the licensing system Interview: D. Zorigt, Minister of Mineral Resources and Energy Interview: Tom Albanese, CEO, Rio Tinto Outgoing inputs: Coking coal could eventually comprise a substantial percentage of exports Added support: Secondary services firms are expected to benefit from future growth Interview: B. Enebish, CEO, Erdenes Tavan Tolgoi Interview: G. Battsengel, CEO, Mongolian Mining Corporation ENERGY Renewed interest: Rapidly growing industrial and urban centres fuel demand for power Nuclear plans: Uranium deposits have opened up new opportunities Interview: John Rice, Vice-Chairman, GE Interview: D. Enkhchimeg, CEO, Petrovis Striking black gold: Going underground Renewable results: Using open space to generate wind and solar power Refined developments: Moving to reduce costly imports by building domestic production TRANSPORT & LOGISTICS Linking up: Infrastructure is set for an overhaul as the country tackles historic challenges Prepare for take-off: The aviation industry is set to see rapid growth in both the public and private sectors Interview: Kh. Battulga, Former Minister of Roads, Transportation, Construction and Urban Development On track: Railway network expansions are planned to improve trade links and reduce costs INDUSTRY & RETAIL A step ahead: The government and private sector continue efforts to optimise a variety of growth areas Modern times: The cashmere segment is set to introduce new solutions to old problems Changing gears: Industry priorities are set to shift as development continues Interview: T. Badamjunai, Minister of Food, Agriculture and Light Industry Brand recognition: The introduction of brands and expansion of chains are serving the retail segment well Only the best: High-end shopping is coming into its own in the capital TELECOMS & IT Answering the call: The government is helping the sector develop, with take-up rates high and prospects looking strong Interview: J. Bat-Erdene, Chairman, Information, Communication Technology and Post Authority Interview: O. Batchuluun, President and CEO, Telecom Mongolia Network news: Boosting mobile penetration could present a challenge Make the connection: A small population spread over a huge area is creating hurdles for providers Interview: D. Bolor, CEO, Mobicom Research party: Content development is among the priorities in the coming years CONSTRUCTION & REAL ESTATE Bricks and mortar: Conditions are set for ongoing expansion Interview: D. Ganbaatar, President, Max Group Rural areas rising: The government plans to revitalise the heartland In from the cold: A major housing project could have a positive impact on many families Built ambition: Wider economic growth is underpinning demand Beyond the capital: A number of regional centres are growing rapidly Space race: Demand for non-residential property is on the rise Urban migration: The rapid growth of cities creates challenges for planners TOURISM Call of the wild: A wide range of options opens up vast potential Better connections: Improvements to infrastructure allow for greater accessibility Interview: L. Gansukh, Former Minister of Environment and Tourism Capacity and competition: To meet market demand, the hotel segment looks set to grow A new direction: Improved marketing for the sector is under way AGRICULTURE Planting the seeds: Despite several hurdles, the sector is beginning to revitalise Down on the farm: Achieving self-sufficiency and raising standards for milk production Harvest time: Investment and support programmes have paid dividends HEALTH & EDUCATION Wellness and efficiency: The landscape of the sector is experiencing major changes A different direction: Market reforms will completely realign health services Access and opportunity: Decentralisation efforts and private sector involvement Learning the ropes: Tertiary institutions are in the spotlight MEDIA & ADVERTISING A flourishing market: New publications are vying for a share of rising demand Fit to print: A wealth of publications points to a growing market Wider reach: Spend on adverts being driven by broader economic expansion ACCOUNTANCY & TAX Ernst & Young Tax by numbers: A brief and concise review of the tax environment Viewpoint: Peter Markey, Partner, Ernst & Young LEGAL FRAMEWORK Hogan Lovells Open for business: The government is looking to increase levels of foreign investment Viewpoint: Michael Aldrich, Partner, Hogan Lovells THE GUIDE Ghost town: The country’s first capital lives on in legend Undefeatable giants: Wrestlers face off in the fight for local and national titles A room with a view: Hotels Listings: Phone numbers for embassies, state agencies, services and more Facts for visitors: Useful information for new arrivals to the country