Mongolia Economic Forum 2011 Review

April 4, 2011 0

March 25, 2011 – Unique insights, spirited debate and deciding on priority next-steps were just some of the major outcomes from the 2^nd annual Mongolia Economic Forum held at the Government Palace in Ulaanbaatar from March 2-4.

Over 500 local and international speakers, panelists, parliament
members, guests and observers converged on the 2-day forum which also
encompassed the Mongolia Investment Forum.

Proceeding the opening remarks from Prime Minister Sukhbaataryn
Batbold, the MEF delved into 15 key topics that cover primary issues
affecting Mongolia’s socio-economic landscape. This includes:

EMPLOYMENT AND JOB CREATION
VOCATIONAL TRAINING AND ECONOMIC GROWTH
SOCIAL WELFARE REFORM
HIGH EDUCATION AND DEMAND
BUSINESS FRIENDLY ENVIRONMENT
CIVIL SOCIETY AND CAPACITY OF PROFESSIONAL ASSOCIATIONS
CORPORATE GOVERNANCE AND GOVERNANCE
PUBLIC SECTOR REFORM
FINANCIAL MARKET
COMPETITIVENESS, CLUSTER, AND INNOVATION
DEVELOPMENT MODEL AND INCLUSIVE GROWTH
URBAN DEVELOPMENT
PLANNING AND BUDGETING
FINANCING AND PPP
URBANIZATION AND DE-CENTRALIZATION

The outcomes from the forum will take some time to digest, however
there was widespread agreement that no single issue stands out from the
other – they are equally important.

In addition to the economic forum, a 1-day investment forum was also
held to focus more on issues relating to Mongolia’s financial markets
and associated government policy. It featured presentations from leading
local investment banks covering future opportunities and threats to the
market at large.

The event garnered coverage from global news agencies including CNN
and Bloomberg, signifying the continued emergence of Mongolia’s economic
growth in world affairs.