Finance Minister S.Bayartsogt reported on state investment at the Government meeting on Wednesday.

Members decided to deliver the report to the National Security Council. The report says investment increased to MNT 1.2 trillion in 2011. The report notes that that figure is 31.5 times the amount invested in 2000. Private investment was estimated to be 1.75 times more than state investment in 2011.

The Finance Ministry and the National Development and Renovation Committee have projected GDP to 2015. The projected GDP in 2012 is MNT 18,063.6 billion; in 2013 MNT 21,787 billion; in 2014 MNT 26,231 billion; and in 2015 MNT 31,788 billion. Budget investment will be MNT 6,314.7 billion in 2012; MNT 6,789.5 billion in 2013; MNT 6,906.5 billion in 2014; and MNT 7,515.4 billion in 2015.

The Government plans to implement projects worth MNT 35.68 trillion through 2016, including the 100,000 apartments program, Sainshand Industrial Complex, and railway projects with the assistance of Development Bank loans. It is also planning to make policies to support private investment in the infrastructure sector.