Noted mining consultant David Hargreaves has said in a
radio interview that “an investment boom into Mongolia” is likely soon, but
only if the Mongolian authorities “have the good sense to look at the models of
other nations and put in a favorably economic investment environment”. It is a
metal-rich country and “we will see a real investment rush” If the government
found “a formula which will encourage the miners to come”, he said.

Another analyst, Raymond Chan,  who is Asia Pacific CIO of Allianz subsidiary
RCM, believes there is real potential in Mongolia despite labeling it a more
“adventurous investment”. The country is set to reap large economic benefits
from China’s increasing demand for commodities over the next few decades to
accommodate the country’s expected growth, he said, adding, Mongolia “may
become very rich simply because they have a lot of the commodities that China
needs and they are well-located”.