E-commerce to be developedEconomy
Ulaanbaatar /MONTSAME/ ‘MEC’ Corporation and Ard Financial Group established a cooperation agreement on e-commerce development on September 28. The project will be financed by the Ard Financial Group, Mongol Post JSC will be responsible for infrastructure and transportation and MEC Corporation for the technology.
According to the initiators, despite having isolated remote areas, e-commerce has a potential to develop in Mongolia taking advantage of the people's high mobile and internet usage.
“Our engineers have set up the basis for e-commerce. We are looking forward to enter the international market in the future. The three companies have a full potential to succeed in the new type of trade, that saves people’s time and money,” said D.Bolor, Chairman of the Board of the MEC Corporation.