1. MONGOLIA AT A GLANCE
Foreign investment friendly legal environment in stable democracy
Growth projected to return to double digits by 2020 (World Bank)
Proximity to the major markets: Russia and China
Direct RAIL access to China, World’s largest Consumer
Fastest growing economy in
Most appreciated currency in 2010
Economic growth moderated to 3.0 percent in the first half of 2015 amid declining exports from a continued weakening of the commodity market and slower growth in the key export market of China
Area: 1,566,000 sq.km (19th)
2nd largest landlocked country
Population: 3,042,511 (138th)
58% under age of 30
Population of
Ulaanbaatar city: Est. 1,400,000 (46% of total)
GDP est. 2017: $10.27 billions USD
(Source: IMF - World Bank)

2. ECONOMIC GROWTH

3. CURRENT CROSS-BORDER CHANNELS
Mongolia to become the shortest distance transit hub connecting Eurasia
Ongoing initiatives and development of the
ECONOMIC CORRIDOR
between Russia and China through Mongolia:
• MOU on compiling and building a planning outline of a China-Russia-Mongolia economic corridor signed in 2015
• Framework agreement on creating favourable conditions to boost China-Russia-Mongolia trade cooperation signed in 2015
• Framework agreement on the development of China-Russia-Mongolia frontier port cooperation signed in 2015

4. ONE BELT ONE ROAD INITIATIVE AND MONGOLIA
Chinese President Xi Jinping said that Mongolia is welcome to actively participate in construction of the Belt and Road on May 12, 2017.
32 PROJECTS to be implemented in scope of China-Mongolia-Russia economic corridor

5. INTERNATIONAL LEGAL FRAMEWORK

6. EVALUATION OF INTERNATIONAL ORGANIZATIONS ON MONGOLIA’S PERFORMANCE
Global Competitiveness- Ranked at 98th of 144 countries
Ease of Doing Business in Mongolia – ranked 56th of 189 countries (2016)
Economic Freedom Index – Mongolia is the 96th
freest country out of 186
CHINA
KAZAKHSTAN
RUSSIA
MONGOLIA
Business Freedom
52.1
73.7
76.3
68.2
Trade Freedom
71.8
79.0
75.0
74.8
Investment Freedom
25.0
40.0
50.0

7. INVESTMENT LEGAL ENVIRONMENT
INVESTMENT LAW HIGHLIGHTS:
✓ No approval to enter into market and buy a local company
✓ No discrimination between Foreign and Local company
✓ Fast incorporation process
✓ Stability certificate
✓ More liberalized and generous incentives /tax & non tax/
✓ Investor friendly

8. INVESTMENT POLICY

9. INVESTMENT TAX INCENTIVES

10. INVESTMENT NON TAX INCENTIVES

11. ECONOMIC DIVERSIFICATION
World Bank, Latest available data

12. EXPECTED LARGE-SCALE PROJECTS
Infrastructure Projects
International Cross-Border Highway Project connecting Russia and China (1000km)
New Railroad development connecting Russia and China (910km)
New International Airport Development Project in Khushig Valley
Construction Projects
“New Development” mid-term targeted program
New Ulaanbaatar Project envisioning (i) the development of 17 new district complexes, (ii) ger area redevelopment, and (iii) redevelopment of residential buildings failing to conform occupancy standards
New Airport City Development (100,000 residents)

13. EXPECTED LARGE-SCALE PROJECTS
Energy Projects
5th Power Plant of UB city
Tawan Tolgoi Power Plant to supply Oyu Tolgoi Project in South Gobi
Baganuur New Power Plant
Shuren Hydropower Plant
Egiin gol Hydropower Plant
Logistic and Transportation Projects
Emeelt Logistic Center (West UB)
Nalaikh Logistic Center
Altanbulag Logistic Center (North border of Mongolia)
Bagakhangai Construction raw material production park
Logistic Center near New international airport