The Millennium
Challenge Foundation’s Health Center has found after a survey of pedestrians,
drivers and traffic police that one among three people is afraid of getting
injured in a traffic accident while outside home. Sixty-three percent of
pedestrians described the traffic conditions in Ulaanbaatar
Today’s meeting of the Standing Committee on the Economy to discuss
the review made by a working group on the resolution on Tavantolgoi exploration
to be debated by Parliament
could not reach a decision as DP members said they would not take part.
The
Internal Affairs Minister Ts.Nyamdorj finds the present
practice of classifying foreign citizens into six categories as too cumbersome
and would like to have only two categories. As of now a non-Mongolian can be in
the country on a visitor visa, or as a
D.Davaasambuu, advisor on economic policy to the Speaker
of Parliament, was in a working group that reviewed budget expenses. His
conclusion is that the way things are going there will soon be no money in the
budget t pay for even essential expenses.
The Mongolian National Mining Association and School of
Economic Studies of the National University of Mongolia are conducting the
third annual survey to assess the investment attractiveness and competitiveness
of the Mongolian mining and minerals sector in terms of various determinant
factors such as
China-focused investment company Origo Partners has
agreed to buy stakes in two Mongolia-based exploration companies, continuing
its efforts to focus on the Chinese natural resources sector. The company has
said it would invest up to USD5 million for a 23 percent interest in
The European Bank for Reconstruction and Development
(EBRD) is considering providing an equity investment of up to USD10 million,
but not exceeding 20 per cent of total aggregate capital commitments, to the
Mongolia Opportunities Fund. The Fund will be the first private equity
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