Mongolia’s renewable energy potential to attract greater investment

Economy
baljmaa.ts@montsame.gov,mn
2019-08-21 14:03:21

Ulaanbaatar /MONTSAME/. On the first day of the Boao Forum for Asia Ulaanbaatar, B.Byambasaikhan, Chairman of the Board of Directors of the Business Council of Mongolia delivered a presentation on the business and investment opportunities in Mongolia. “The Boao Forum for Asia international event being held in Mongolia is not a coincidence. Mongolia’s presence on the platforms of the Asia and the Pacific region is regularly increasing and its relations with its southern neighbor, China are developing on a higher level. I believe, for the purpose of maintaining this relationship stable, economy and businesses of the two countries should be more open to local business companies, which will result in successful accomplishment of infrastructure and other projects” he said. Chairman B.Byambaikhan also emphasized about the Mongolia’s potential of exporting its renewable energy, which is confirmed by various studies and more detailed research are being performed at the moment regarding its possibility.