Development Bank of Mongolia to participate in ‘One Belt One Road’

Хуучирсан мэдээ: 2017.02.24-нд нийтлэгдсэн

Development Bank of Mongolia to participate in ‘One Belt One Road’

Ch.Enkhbat, deputy director of Development Bank of Mongolia and G.Jigjidsuren, director of the Organisation for Economic Co-operation and Development of Mongolia have visited the city of Shenzhen in China. The purpose of the visit was to discuss economic, industrial and  infrastructure cooperation with this Chinese mega-city.

During discussions, the Mongolian delegation expressed interest in participating in the investment project under China's ‘One Belt One Road’ initiative which focuses on connectivity with Asia and Europe based on the famed Silk Road trading routes which once linked China with medieval Europe.

Shenzhen, is one of China's five largest cities (the population of 'Greater Shenzhen is over 10 million people – or three Mongolia's). Located in the south of the country it is important as being the site of China's first Special Economic Zone (SEZ), which opened in 1980 and kick-started the modernisation of the China into an economic superpower.

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