New production capacity in Mongolia’s cement industry is set to meet rising demand as advanced technology is replacing old equipment, moving towards self sufficiency in one of the key materials in the construction trade.
Mongolia Construction
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Strong demand from both the public and private sectors will keep Mongolia’s construction industry busy for the foreseeable future, though the heavy calls on the building trade is stretching resources and pushing up costs.
Economic update | Mongolia: Cementing growth
11 Oct 2012
The government’s approval of a bond release over the next two years to help fund major infrastructure projects should provide a much needed boost to the construction housing and transport sectors, with affordable housing and road connectivity cited as top policy concerns.
A wave of new infrastructure and phased housing projects in Mongolia looks set to give the country’s construction sector a huge boost while also generating wide-ranging opportunities for foreign investors in the building industry.
Economic update | Mongolia: Construction potential
21 Nov 2011
As Mongolia marks 85 years since its building sector was formally established, intensive demand for private and public construction is creating jobs and furthering the need in the residential segment, while domestic involvement in foreign-led mining projects is adding to the overall demand in the sector.
Economic update | Mongolia: Building for the boom
29 Sep 2011
Economic growth linked to Mongolia's huge mining potential has raised the prospect of long-awaited funds arriving for the construction of badly needed infrastructure projects in power, transport and other municipal sectors.