MONGOLIA “DREAMS BIG AND AIMS HIGH”, DEPUTY MINISTER TELLS INVESTMENT FORUM PDF Print E-mail

Source: Eurasia Capital                   Date: 03 June, 2011

More than 150 participants, including Mongolian public and private sector leaders and international and regional investors from over 20 countries, attended the second annual Mongolia Investment Conference organized by Eurasia Capital on May 25. They heard of and discussed the investment opportunities Mongolia has to offer, and many of them left with their mind made up to come back. Deputy Minister of Finance Ch. Gankhuyag opened the conference by asserting that two decades of political and economic reforms have made Mongolia a robustly functioning market that is increasingly attractive to foreign and domestic investment. He did not gloss over hurdles such as lack of infrastructure, but his final call was "to dream big and aim high".

Mr. Alisher Ali, Chairman of Eurasia Capital, said Mongolia would be a "global outperformer" over the next decade, and recommended 7 specific types of asset classes that investors should focus on: local equities, stocks of internationally listed companies, the MNT, fixed income instruments, private equity/pre-IPOs, property and infrastructure.

 

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