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data security.

Economic Development Board Meeting Concludes with Agreements to Launch USD 545 Million in Investment and Cooperation Projects The regular meeting of the Economic Development Board under the Prime Minister of Mongolia was held with the participation of more than 120 domestic and international businesses and investors. The expanded session was jointly organized by the Economic Development Board and the Mongolian Economic Forum NGO. The meeting focused on key topics and proposal

Deputy Governor of the Bank of Mongolia G. Enkhtaivan: “We have developed the draft of the first-ever Law on Specialized Housing Finance Banks. If enacted, the law will strengthen the stability of the housing finance system, improve the investment environment, diversify long-term sources of financing, and expand citizens’ access to housing. It will also establish an important legal foundation for supporting sustainable urban development and economic growth.”

Minister of Energy B. Naidalaa: “In June 2026, Mongolia successfully conducted its first-ever renewable energy auction. As a result, project electricity tariffs were set at 4.85–7.8 cents per kWh, bringing renewed momentum to the energy sector, which had faced prolonged stagnation. Going forward, renewable energy project selections will be conducted through competitive auctions.”

Deputy Minister of Finance B. Khulan: “The Future Heritage Fund is a savings mechanism designed to fairly pass on the benefits of Mongolia’s mineral wealth to future generations. The growth of the Fund’s assets will contribute to macroeconomic stability and play an important role in maintaining and improving Mongolia’s credit rating.”

The Economic Development Center (EDB), and the Mongolian New Economy Forum NGO have signed a Memorandum of Understanding (MoU) to cooperate in promoting Mongolia internationally, providing information to foreign investors, jointly organizing investor meetings and events, and supporting investment promotion initiatives.

“MAX Group” entered into an agreement with “Singapore-based WisdomWin Energy” LLC to collaborate on domestic energy projects. The partnership aims to implement these projects in line with international best practices, advanced technologies, and the principles of responsible infrastructure development.

“Newcom Property” LLC signed a cooperation agreement with “Beijing Chinagas Sencreate Technology Co”.,Ltd. of China to jointly invest in advanced heating technologies and real estate development projects.

The Mongolian Stock Exchange and Phillip Capital Group of Singapore signed a long-term strategic cooperation MoU. The partnership is expected to play a significant role in advancing the development of Mongolia's capital market by improving its international competitiveness, diversifying financial products, and increasing market liquidity.

Landlocked yet land-linked, Mongolia sits at the crossroads of two of the world’s largest economies — a position it is turning into opportunity. The gathering marked an inaugural Summer Davos for both Prime Minister Nyam-Osoriin Uchral and EDB CEO Irmuun Demberel. Across a series of high-level sessions, the delegation engaged with global leaders and innovators to advance Mongolia’s drive to attract foreign direct investment across mining, energy, infrastructure, agriculture,

The Ulaanbaatar Chamber of Commerce signed a Memorandum of Understanding (MoU) with the Shenzhen Chamber of Commerce of the People’s Republic of China to establish a framework for future cooperation.