First Mongolia investment conference planned in New York - News.MN

First Mongolia investment conference planned in New York

Old News! Published on: 2010.09.01

First Mongolia investment conference planned in New York

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The New York Society of Security
Analysts (NYSSA) will hold its first conference on investing in Mongolia on September 23.
Regional experts will discuss the country’s economic outlook and investment
potential, and executives from Mongolian public companies will discuss their
businesses.

Mongolia is expected to become one
of the world’s fastest growing economies over the next decade thanks to its
immense resources and strategic position next to the world’s most dynamic
market, China. According to the IMF, Mongolia’s GDP growth is expected to reach
7.6% in 2010 and it would average 20% per annum in 2013–2016 spurred by
development of new mines and rising demand for commodities, particularly from
its largest trading partner, China. The overall improved business environment
in Mongolia as well as government initiatives to reform the Mongolian stock
exchange will support foreign investments.

Mongolia Investment Conference is
sponsored in part by
Khan Bank and Bodhi Financial Advisory Services. Additional sponsors are Mine Info, Prophecy Resource Corp, SouthGobi Resources Ltd, and Tanan Impex LLC.

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