Five Danish companies, led by Danish Ambassador to China, Friis Arne Petersen, visited Mongolia mid April 2012 to explore new export possibilities. Due to Mongolia’s rapid growth the demand for intelligent energy and environment solutions is high.

The Danish companies FLSmidth, Danfoss, Grundfos, Hempel, and Haldor Topsoe
met, together with Danish Ambassador and his delegation, Mongolian Minister for
Minerals & Energy, Dashdorj Zorigt and Minister for Construction, City
Planning, Roads, & Transportation, Dashdorj Tsedev.

They discussed Mongolia’s new demand for innovative solutions in the area of
energy & environment and which business opportunities it creates. Last year
alone, Mongolia experienced a total growth in economy on 17.3 % thus making
quality solutions affordable for Mongolia.

The Mongolian mining sector is undergoing a rapid development these years and
is expected to drive a broader and more comprehensive economic and social
development in the future.

Other sectors in the economy contain growing business opportunities for Denmark
in the future. Renewable energy, energy efficiency but also agriculture and
housing are expected to grow quickly in the coming years.   

The Danish Mongolian cooperation

Even though a Danish export adventure to Mongolia is at its first stage the two
countries have a close bilateral cooperation. Since the collapse of the Soviet
Union, Denmark has supported the development of a modern democracy in Mongolia
significantly.

Denmark still supports NGOs in Mongolia in their endeavours to fight
poverty. The Ambassador and Minister Counsellor, Søren Jacobsen visited one of
the projects where a NGO provides microloans to Mongolians that wish to start
small businesses.