foreign investment in mongolia
TRANSCRIPT
Foreign investment in MongoliaAn Overall view
Contents
1. Reasons for choosing Mongolia2. Investment opportunities3. How to set up the company4. Stabilization certificate5. Aid offered by Mongolia6. Statistics7. Conclusion8. References
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1. Reasons for choosing Mongolia1.One of the fastest growing economies in the world
2. Neighboring with two largest global economies and commodities market
3. Large mineral resource base that can be leveraged for industrial use
4. Industrial and Infrastructure mega projects underway
5.Leading in land, livestock per capita
6. Ranked in the 21st in leading nations with Investment protection regulation
7. Lowest taxing regulation in the region
8. Continuous flourishing of Democracy and Market economy in the region
9. Continually abolishing Corruption and Business boundaries
10. Attractive environment for FDI and Trade through an open policy 3
2. Investment opportunities
Mining Agriculture Construction
Education and Science Energy Transportation
IndustryPopulation
development and Social securities
Culture, Sports and Tourism
Health 4
3. How to set up the company
Choosing sector and company
name
Opening a bank
account
Registering the
company
Getting a Seal or Stamp
Start the business
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4. Stabilization certificateInformation needed from the
investing companyA copy of the business plan and feasibility study
Evidence that the total investment amount and investment completion period meet the minimum requirements under the Investment Law
Environmental impact assessment
Details of how the investment will contribute to creating new jobs
Details of how the investment will utilize advanced technology and techniques
Documents needed
Application form
Statement
Introduction of the Legal entity and copies of the State registration certificate and licenses
An introduction of new High techniques and Technologies
General Environmental impact assessment
Business plan or Feasibility study 6
4. Stabilization certificate: Issue of certificate
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4. Stabilization certificate: Issue of certificate by sectors
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4. Stabilization certificate: Issue of certificate by sectors
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5. Aid offered by MongoliaPlanning
Expansion
Approvals
Setup
Launch
Ombudsman10
6. StatisticsNumber of sectors with foreign investment in Mongolia: 20
Companies owned by foreign investors: 106
Number of foreign countries invested in Mongolia: 112
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6. Statistics
TradeGeologyTourism
Manufacture of food productsTransportation
AgricultureBank
EnergyManufacture of electrical equipment
Furniture and wooden products
6812.3
3.33.12.51.51.41.310.90.90.50.50.40.30.30.20.20.60.1
Percentage of foreign invested sectors in MongoliaPercantage of foreign invested sectors
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6. Statistics
34%
30%
9%
8%
6%
4%
3%2%2% 2%
Top 10 foreign investors in Mongolia by country
NetherlandChinaLuxenburgVirgin Islands (UK)SingaporeCanadaKoreaUSARussiaHong Kong
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6. StatisticsTop 10 foreign invested companies in Mongolia by country
China 48,18% Korea 17,69% Russia 6,57%Japan 4,24% USA 2,34% Virgin Islands (UK) 2,04%Germany 1,6% Singapore 1,54% Hong Kong 1,4%Vietnam 1,28%
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7. Conclusion• Investing in Mongolia have rather high benefits.• Mongolia has quiet a wide range of investment opportunities.• Issue of Stabilization certificate ensures equality between
foreign and indigenous investors.• The different kind of supports offered by Mongolia guarantee
a fair business environment.• There are 112 foreign investors by country that invested in 20
kind of different sectors in Mongolia.
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8. References• http://investmongolia.com/en/• http://
investmongolia.com/en/wp-content/uploads/2014/02/Report-201306-monthFIC_country.pdf
• http://investmongolia.com/en/wp-content/uploads/2014/02/Report-201306-monthFDI_country.pdf
• http://investmongolia.com/en/wp-content/uploads/2014/02/Report-201306-monthFIC_sector.pdf
• http://politics.news.mn/content/158083.shtml• http://vip76.mn/content/19915• http://economy.news.mn/content/156511.shtml• http://www.cafm.mn/?p=763
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