Mongolia and ADB

In the Spotlight

Urban Services for Mongolia's Booming Border Towns

Rapid growth in mining and cross-border trade is putting a strain on existing infrastructure in Mongolia's South Gobi region, an area famous for its wild nature, nomadic culture, and rich mineral deposits. The Government with support from ADB is now working to improve urban infrastructure and services.
Mongolia's Growth to Remain Solid in 2019 and 2020 — ADB

Mongolia’s economic growth is expected to remain solid in the next two years, albeit with a slight moderation from 2018, thanks to strong domestic demand, stable services and manufacturing, as well as a recovery in agriculture performance, says a new ADB report.
ADB Supports Private Sector Solar Power Development in Mongolia

ADB and the Leading Asia’s Private Infrastructure Fund (LEAP) signed an $18.7 million loan with Sermsang Power Corporation Public Company Limited (SSP) and Tenuun Gerel Construction LLC (TGC) to build, operate, and maintain a 15-megawatt solar power plant supplying electricity to Mongolia’s central grid system.
Blue skies and green steppe – developing sustainable tourism in Mongolia

Mongolia’s stunning landscapes and nomadic culture form the basis for a small but rapidly growing tourism industry. To achieve sustainable tourism development, a focus on at least four key areas is required

Mongolia urgently needs to restore macroeconomic stability to ensure social stability, and to develop in the longer term a more resilient and diversified economy that can consistently deliver rapid, inclusive, and sustainable growth.

ADB assistance in Mongolia addresses key development challenges by supporting investments, policy reforms, capacity building, and knowledge sharing to sustain inclusive growth in a period of economic difficulty.

Mongolia is a member of the Central Asia Regional Economic Cooperation (CAREC) Program.

Mongolia: By the NumbersVisit the Data Library

ADB and MongoliaFact Sheet

Latest

Publication 07 Jun 2019

Determinants of International Remittance Inflows in Middle-Income Countries in Asia and the Pacific
The real effective exchange rate, the level of education, trade openness, and political stability are positively associated with remittance inflows.
Publication 31 May 2019

Modernizing Sanitary and Phytosanitary Measures in CAREC: An Assessment and the Way Forward
This publication assesses the plant health, animal health, and food safety measures of member countries of the Central Asia Regional Economic Cooperation (CAREC) Program.
News from Country Offices 28 May 2019

ADB to Help Transform Two National Parks in Mongolia as Models for Sustainable Tourism
ADB has approved $38 million in loans to develop ecotourism in Khuvsgul Lake National Park and Onon-Balj National Park to serve as models for economically inclusive development and conservation in Mongolia.