Investment

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MCC compact to improve water supply and sanitation in Ulaanbaatar’s ger areas 2017-05-16 17:18

A delegation from the U.S. government’s Millennium Challenge Corporation (MCC) led by Fatema Z. Sumar, Regional Deputy Vice President for Europe, Asia, the Pacific, and Latin America, visited Mongolia last week to discuss progress in developing an MCC compact with the government of Mongoli..

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Next phase of OT set to begin 2016-05-11 09:05

OyuTolgoi LLC has approved the underground mine development, ushering in the next stage of the major deposit. The company made this decision after obtaining all the necessary permits to start the development of the underground mine and securing the decision for an investment of USD 5.3 billion to ..

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ADB loans for regional integration and urban service upgrades approved 2016-04-29 14:12

The Asian Development bank announced on April 25 the approval two loans, one to improve efficiency and reduce costs at three major border crossing points and the other to scale up a project to upgrade infrastructure and services in fast growing provincial capitals and borders in the Southeast Gobi..