Mongolia’s economy grew by 6.8 percent last year, with nominal GDP reaching MNT 89.9 trillion, reflecting a positive performance. However, the volume of foreign direct investment (FDI) has declined.

Specifically, FDI amounted to USD 1.36 billion in the first half of 2025, marking a decrease of 39 percent, or USD 870 million, compared to the same period in 2024. This decline was influenced not only by global economic conditions but also by an unstable legal environment and reduced investment in the mining sector.

According to international statistical reports, total FDI stood at approximately USD 2.8 billion last year. The majority of this investment was directed toward mining, energy, construction, transport and logistics, oil refining, and industrial projects.

As part of efforts to improve the investment climate, the Government is implementing the “300-Day Plan to Deliver Economic Growth to Citizens,” aimed at enhancing the business environment, supporting the private sector, and ensuring sustainable economic growth in a phased manner. This was highlighted by Deputy Minister of Economy and Development Davaasuren Sodnomdarjaa during the opening of the “Mega Project Presentation and Open Day,” the Ministry reported.

First Deputy Governor of the Capital City in charge of economic development and infrastructure, Davaadalai Tumendalai, emphasized that strengthening public-private partnerships would help advance major economic projects and improve the investment climate. Currently, projects such as “Agro City,” “Hunnu City,” and the “Naluu Ukhaa” economic free zone are being implemented in Ulaanbaatar. These initiatives are expected to support economic growth, advance new urban development policies, create jobs, and attract investment.

The event was organized at the Investor Protection Center under the Ministry of Economy and Development as part of “Ulaanbaatar–Investment Week,” held under the auspices of the Ulaanbaatar Chamber of Commerce. Participants exchanged views on project implementation, the investment environment, and opportunities to expand public-private partnerships. During the event, the Ulaanbaatar Chamber of Commerce and Hunnu City Development Corporation LLC signed a memorandum of understanding to enhance cooperation between the public and private sectors.

Published Date:2026-03-17