Business Opportunities in Mongolia

Business Opportunities in Mongolia
Author :
Publisher : CreateSpace
Total Pages : 108
Release :
ISBN-10 : 1502345706
ISBN-13 : 9781502345707
Rating : 4/5 (707 Downloads)

Book Synopsis Business Opportunities in Mongolia by : U. S. Department U.S. Department of Commerce

Download or read book Business Opportunities in Mongolia written by U. S. Department U.S. Department of Commerce and published by CreateSpace. This book was released on 2014-09-12 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prospects for 2014-2015: Mongolia's main economic and political challenges are all linked to ensuring steady growth through the boom and bust cycles likely to visit this resource-dependent economy. Double-digit economic growth over the past few years-2011's sizzling 17.3 % GDP growth, for instance-has been based on the investment in, and the production and export of, minerals. Mongolia is a major producer of several minerals including coal, copper, gold, zinc, and fluorspar. With extensive reserves, it has the potential to increase production considerably. For U.S. investors and firms, mining and mining-related services represent one of the most important and potentially most reliable sectors for long-term investment in Mongolia. Other promising sectors, based on Mongolia's economic development needs, include infrastructure, transportation, energy, construction, healthcare, and environmental products and services.


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