Future for Foreign Investment in Mongolia Bright

BEIJING, Nov. 27 – The future for Mongolia is very bright according to Ganhhuyag Hutagt, the chief executive officer for TenGer Financial Group of Ulaanbaatar, Mongolia, who spoke at to a reception hosted by the Business Advisory Council of the Greater Tumen Initiative in Beijing on Monday.

Discussing investment trends and opportunities in Mongolia, Mr. Hutagt said he believed that the country’s location between Russia and China was an advantage. Every invested dollar will be worth US$1.84 in the future he said.


BEIJING, Nov. 27 – The future for Mongolia is very bright according to Ganhhuyag Hutagt, the chief executive officer for TenGer Financial Group of Ulaanbaatar, Mongolia, who spoke at to a reception hosted by the Business Advisory Council of the Greater Tumen Initiative in Beijing on Monday.

Discussing investment trends and opportunities in Mongolia, Mr. Hutagt said he believed that the country’s location between Russia and China was an advantage. Every invested dollar will be worth US$1.84 in the future he said.

Source:http://www.china-briefing.com/news/2009/11/27/future-for-foreign-investment-in-mongolia-bright.html