| Project Detail |
Improved conditions for economic diversification in Mongolia The raw materials sector is the growth engine of the Mongolian economy. Coal and copper make up the majority of exports, and investments are primarily channelled into mining projects. The government has recognised the risks associated with raw material dependence and has embarked on a path to diversify the economy. Exports and investments can drive economic diversification by expanding markets, promoting competition and transferring technology and innovation. However, support to promote investment and exports for companies outside the raw materials sector has so far been insufficient. Objective Small and medium-sized enterprises (SMEs) and domestic and foreign investors outside the raw materials sector have better access to support that promotes investment and exports. |
