CAREC underlines improvement in Mongolia’s business environment


Erdenes Mongol LLC and the Asian Development Bank (ADB) organized the Central Asia Regional Economic Cooperation (CAREC) investment forum on September 24, with the aim to improve regional partnership, economic climate and competitiveness of Mongolia.
Over 350 participants from 26 countries shared their experience on how to identify and implement proper investment, and discussed possibilities on improving the investment climate and attract investors, financiers, technology and solution providers.
Prime Minister Ch.Saikhanbileg attended the afternoon session of the forum and expressed his gratitude to Erdenes Mongol, the ADB and forum participants for providing domestic businesses and companies with opportunities to meet and cooperate with international investors.
The Prime Minister said that the CAREC is a crucial program that supports regional economic development and contributes to poverty reduction.
Member countries are given a chance to align their activities with others. Mongolia has been actively supporting the program from the very beginning, said Saikhanbileg.
The Prime Minister also added that the ADB was Mongolia’s major partner for 25 years, and numerous programs and projects were implemented with the ADB’s assistance.
“There are possibilities to further expand collaboration with member countries and investors. Mongolia is working toward implementing major national projects to strengthen the nation’s economy,” said the Prime Minister, emphasizing that many projects are still awaiting investors.
Ch.Saikhanbileg also added that Mongolia is working to improve its legal environment for businesses and attract interests of investors, and underlined that creating pleasant condition is vital for the nation’s economic development.


Short URL: http://ubpost.mongolnews.mn/?p=16337

Posted by on Sep 27 2015. Filed under Business & Economics. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

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