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Mongolia and ADB

In the Spotlight

  • Reforming Mongolia's Higher Education Sector

    Mongolia is reforming its higher education sector, improving the quality and relevance of the courses on offer in its Universities, which is driving up graduate employment rate.

  • 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.

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.


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Projects in Mongolia