However, the weaker trend of commodity prices and global stock markets may have bottomed out in the first quarter, and we may see a return of investment appetite among foreigners in emerging markets.
It is unclear whether these trends will continue in the future, however Mongolia’s economy may gain further momentum again if investor appetite returns.
Two upcoming events will be vital for investors interested in Mongolia’s domestic issues.
Mongolia plans to have its general election in June, meaning that 76 members of parliament will be replaced. It remains unclear whether or not the new government will be committed to investor-friendly measures.
The Asia-Europe Meeting (ASEM) taking place mid-summer in Ulaanbaatar will shed some light on whether Mongolia will be able to take advantage of the positive outcomes of the event in the latter half of this year.
Frontier is pleased to extend an invitation to the upcoming “Invest Mongolia 2016” conference, which will serve as a platform to gather people from the government, players from key industries and financial institutions as well as global investors. The event will provide attendees with the opportunity to talk about several socio-political and economic developments throughout the year. Thus, this conference will provide first-hand information to make investmentactivities more fruitful.
Frontier held the 9th Invest Mongolia on Sep 8-9, 2015 in Ulaanbaatar and the 3rd Invest Mongolia on Dec 9-10, 2015 in Tokyo, with more than 1000 people from almost 30 countries. For those who have have not attended the conferences, please see the post conference report from here to learn more.
The following topics will be addressed at this year’s event:
- The political outlook and whether the new government will take investor-friendly measures;
- The implications of ASEM for Mongolia and the rest of the world;
- An overview of Mongolia’s economy, including updates on legal, accounting and other regulatory changes;
- The progress and its impacts of OT underground and other major projects to the economy;
- The launch of AIIB and its involvements to the infrastructure development in Mongolia;
- The Mongolian banking industry and strategies;
- The development of the non-mining sectors including real estate;
- Concerns and opportunities regarding foreign investment in Mongolia;
- The outlook of the bond market and the refinancing ahead of 2017 when massive amount of maturities will take place in the market.