EUROPEAN INVESTMENTS DIRECT MONGOLIA

Ulaanbaatar, /MONTSAME/ The Ministry of Foreign Affairs and Trade of Mongolia and the Embassy of Mongolia in London in collaboration with the European Bank of Reconstruction and Development have organised the “Europe-Mongolia Investors’ Forum”. It ran December 3, 2009, at the EBRD Headquarters in London, United Kingdom.
The main purpose of the Forum was to present investment and business opportunities in Mongolia to European investors.
The Forum was attended by delegates of the Government of Mongolia and representatives of the European and Mongolian business community as well as by officials from European countries.
The Government of Mongolia believes that this event could serve as a new opportunity for further development of its business by providing comprehensive information on current situation of mining and mineral resources, infrastructure, agriculture and industrial sector of Mongolia and investment seeking projects and exchanging views thereon.
Mongolia, as a country richly endowed with natural and agricultural resources, has been attracting significant interests of foreign investors. The Government of Mongolia fully encourages foreign investments and the implementation of investment-seeking projects related to mining, agriculture and infrastructure.
The Government of Mongolia signed a long-term investment agreement with Ivanhoe Mines Ltd.and Rio Tinto Group to develop the US$4 billion Oyu Tolgoi copper-gold mining complex in Mongolia.
The Forum is providing comprehensive information on Mongolian market, business and investment environment, and opens the door to further successful investments into Mongolia.
S.Batbayar
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