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612-822-4611
Business Opportunities in Mongolia

Business Opportunities in Mongolia

Paperback

Series: Business Opportunities

Business General

ISBN10: 1502345706
ISBN13: 9781502345707
Publisher: Createspace
Published: Sep 12 2014
Pages: 110
Weight: 0.60
Height: 0.23 Width: 8.50 Depth: 11.00
Language: English
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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Business General