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Business Opportunities in Mongolia by U. S. Department of Commerce

Business Opportunities in Mongolia

by U. S. Department of Commerce
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Book cover type: Paperback
  • ISBN13: 9781502345707
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Createspace Independent Publishing Platform
  • Publisher Imprint: Createspace Independent Publishing Platform
  • Publication Date:
  • Pages: 110
  • Original Price: USD 15.95
  • Language: English
  • Edition: N/A
  • Item Weight: 273 grams
  • BISAC Subject(s): International / General

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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