Trends in international investment flows: Foreign direct investment in Mongolia

Baasankhuu Ganzorig (Foreign Investment and Foreign Trade Agency of Mongolia, Government Bldg. # 11, Sambuu Street 11, Ulaanbaatar 211238, Mongolia)
Dashnyam Nachin (Foreign Investment and Foreign Trade Agency of Mongolia, Government Bldg. # 11, Sambuu Street 11, Ulaanbaatar 211238, Mongolia) *

Journal of International Logistics and Trade

ISSN: 1738-2122

Article publication date: 31 December 2006

Issue publication date: 31 December 2006

164
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Abstract

Despite the worldwide stagnation in FDI, interest in Mongolia on the part of foreign investors, especially those from East Asia, North America, has grown over the last few years, mainly in the mining, trade and service sectors. The increase of FDI into Mongolia can be linked with the Mongolian government’s efforts to establish a more favorable external and internal legal environment in order to provide a free and open regime for business, the shifting tendency of world market center from traditional Europe, America to Asia, namely to China, resolving the “big debt” issue between Mongolia and Russian Federation which open new favorable opportunities for intensification of foreign investment inflows, increased domestic private savings and lastly Mongolia’s GDP steady growth rate during last years. The purpose of this paper is to review FDI inflows into Mongolia, detailing the sectors benefiting from this investment and the countries where it originates, based on information gathered in the period up to 2005.

Keywords

Citation

Ganzorig, B. and Nachin, D. (2006), "Trends in international investment flows: Foreign direct investment in Mongolia", Journal of International Logistics and Trade, Vol. 4 No. 2, pp. 107-120. https://doi.org/10.24006/jilt.2006.4.2.107

Publisher

:

Emerald Publishing Limited

Copyright © 2006 Jungseok Research Institute of International Logistics and Trade

License

This is an Open-Access article distributed under the terms of the Creative Commons Attribution Non-Commercial License (http://creativecommons.org/licenses/by-nc/4.0/) which permits unrestricted non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited


Corresponding author

*Foreign Investment and Foreign Trade Agency of Mongolia, Government Bldg. # 11, Sambuu Street 11, Ulaanbaatar 211238, Mongolia. Tel. (976-11) 326040, Fax: (976-11) 324076, Email: ;

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