Mongolia Special

Country Profile

The Asian Wolf bites the hand of opportunity Nestled between China and Russia, Mongolia,a resource-rich country on the brink of an economic transformation, is getting ready to pounce, with real GDP growth prospects expected to hit 20.8 percent within three years. New mining projects will see economy soar Dependent on mining for a third of its GDP, the Mongolian economy is set to expand even more, thanks to new mines that are coming on-stream.: Railway plan will transport Mongolia into a 21st C economy
With its proximity to China and a flood of foreign liquidity waiting to pour in, the Mongolian government is ready with new investor-friendly laws and policies in place for the country to become a 21st century nation.
Infrastructure holds the key to development
Energy, infrastructure and tourism are full of potential in Mongolia, a country that wishes to take advantage of its strategic location between China and Russia.
Safeguarding the economy
Bank of Mongolia functions independently of government to ensure price stability and a robust financial sector.