Ten Organizational Design Models to align structure and operations to busines...
23.05.2012, PRESENTATION, Foreign direct investment environment, Yo. Munkhtuya
1. FOREIGN DIRECT INVESTMENT
ENVIRONMENT
MUNKHTUYA Yondonjamts 2012.05.23
Acting Vice Chairperson
Foreign Investment and Foreign Trade Agency
Foreign Investment and Foreign Trade Agency
Government of Mongolia
2. Shibu lijack
CONTENT
ECONOMIC PROSPECTS AND CURRENT
DEVELOPMENT OF FOREIGN DIRECT
INVESTMENT (FDI) IN MONGOLIA
MONGOLIAN FOREIGN DIRECT INVESTMENT
ENVIRONMENT
FOREIGN DIRECT INVESTMENT OPPORTUNITIES
6. Top 3rd level for Economic Freedom
Country /ranked by Transparency
International, 2009/
Lowest tax rates country in Asia Pacific
region / Corporate tax-10%,25%, Value
added tax- 10%/
86rd country of Doing Business 2012
inquiry
7200 items can be exported to the EU
markets on GSP+ scheme with zero
import tariff
Attractive targets for FDI
7. SME production equipment and utilities are exempted
from the customs tariff and VAT
• Government Resolution No.100 approved on 6th April of 2011
The Parliament of Mongolia approved the Policy of High
Technology Industry and it has enabled the legal base of
granting tax exemption, and credit guarantee for business
entities those are running business in high technology sector
• June 2010
Tax exemptions and Incentives
8. Law on Concessions of Mongolia (PPP) approved
on 28 January, 2010.
puts state and local properties into economic utilization
vast business opportunities for investors
the list of concession items is approved by the state and
local administrative bodies
decisions shall be made whether to finance from state
fund, to make a guarantee, to organize a tender or to
conclude a direct agreement
Foreign legal entities or their consortiums may submit an
unsolicited proposal to enter into a concession agreement
Law of Mongolia on Concessions
9. Foreign Direct Investment /by year/
31 Dec 2011 (million USD)
366.50 499.90 708.90 801.10 1,025.90
4,986.00
0.00
1,000.00
2,000.00
3,000.00
4,000.00
5,000.00
6,000.00
2006 2007 2008 2009 2010 2011*
( Foreign Investment and Foreign Trade Agency, April 2012)
10. Foreign Direct Investment /by sectors/
31 Dec 2011 (percent)
0.00
10.00
20.00
30.00
40.00
50.00
60.00
70.00
80.00
90.00
2006 2007 2008 2009 2010 2011
Geological
prospecting, oil
exploration & mining
Trade and catering
services
Others
Bank&financial
services
Engineering
construction and
production of
construction materials
( Foreign Investment and Foreign Trade Agency, April 2012)