Mongolia: Supporting the Sustainable Development of Mongolia's Mineral Deposits

Sovereign Project | 41106-012

Summary

In support of the Government's strategy, the objective of this TA will be the sustainable long-term development of Mongolia's mineral deposits. The TA will provide specific assistance to help structure the management and operation of the Government's stakes in strategic mineral deposits, and projects associated with the development of the deposits. The TA will assist in developing the potential for private-sector driven export-oriented projects based upo the minerals development.

The outputs of the TA will be: (a) List of priority deposits and infrastructure and downstream projects and development plans; (b) organizational and institutional set-up for Erdenes; and (c) a business plan for Erdenes that includes a list of priority projects and particular detail on the strategy for infrastructure development.

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Project Name Supporting the Sustainable Development of Mongolia's Mineral Deposits
Project Number 41106-012
Country Mongolia
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 4936-MON: Supporting the Sustainable Development of Mongolia's Mineral Deposits
Technical Assistance Special Fund US$ 150,000.00
Strategic Agendas Inclusive economic growth
Drivers of Change Private sector development
Sector / Subsector Industry and trade - Large and medium industries
Gender Equity and Mainstreaming No gender elements
Description

In support of the Government's strategy, the objective of this TA will be the sustainable long-term development of Mongolia's mineral deposits. The TA will provide specific assistance to help structure the management and operation of the Government's stakes in strategic mineral deposits, and projects associated with the development of the deposits. The TA will assist in developing the potential for private-sector driven export-oriented projects based upo the minerals development.

The outputs of the TA will be: (a) List of priority deposits and infrastructure and downstream projects and development plans; (b) organizational and institutional set-up for Erdenes; and (c) a business plan for Erdenes that includes a list of priority projects and particular detail on the strategy for infrastructure development.

Project Rationale and Linkage to Country/Regional Strategy The proposed TA is in line with the Country Strategy and Program (CSP). Private sector participation in the development of Mongolia?s minerals sector will directly support the first strategy pillar of the CSP of stable broad-based economic growth and create greater income opportunities. Private sector initiatives and public?private partnerships in energy and infrastructure development also have the potential to improve the delivery of public services and support the second pillar of inclusive social development. The development of downstream export-oriented projects will support the diversification of the economy. The TA supports the strategic approach of the CSP of trying to target investment to the needs of the private sector while capitalizing on opportunities for private sector participation and public-private partnerships. It is also in line with the joint MOU signed between ADB, WB, EBRD and the Ministry of Finance of Mongolia.
Impact
Project Outcome
Description of Outcome
Progress Toward Outcome
Implementation Progress
Description of Project Outputs
Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location Nationwide
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Business Opportunities
Consulting Services 4.5 person-months of international individual consultant inputs and 4.5 person-months of domestic individual consultant inputs both with expertise in minerals development, law and finance will be required.
Responsible ADB Officer Shane J. Rosenthal
Responsible ADB Department East Asia Department
Responsible ADB Division Mongolia Resident Mission
Executing Agencies
Erdenes-MGL, LLCUnit 65, Diplomatic compound-95
Khoroo V, Chingeltei District
Ulaanbaatar, Mongolia
Timetable
Concept Clearance 03 May 2007
Fact Finding 11 Mar 2007 to 25 Mar 2007
MRM -
Approval 04 Jun 2007
Last Review Mission -
PDS Creation Date 04 May 2007
Last PDS Update 17 Jul 2009

TA 4936-MON

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
04 Jun 2007 - 04 Jun 2007 29 Feb 2008 03 Jun 2009 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
150,000.00 0.00 50,000.00 0.00 0.00 0.00 200,000.00 04 Jun 2007 55,323.89

Safeguard Documents

See also: Safeguards

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Evaluation Documents

See also: Independent Evaluation

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