Asian Development Bank and Mongolia: Fact Sheet | Asian Development Bank

Asian Development Bank and Mongolia: Fact Sheet

Publication | April 2018
Asian Development Bank and Mongolia: Fact Sheet

ADB assistance to Mongolia raises standards of living by combining targeted financing with best-practice knowledge from around the world.

ADB has approved sovereign loans totaling $1.95 billion, grants totaling $237.21 million, and technical assistance projects worth $149.4 million for Mongolia. From 2007 to 2017, ADB committed a total of $90 million for nonsovereign loans.

The country partnership strategy, 2017–2020 for Mongolia will guide ADB’s investments, policy support, capacity-building assistance, and knowledge products to address Mongolia’s most pressing development issues. The bank will help bridge infrastructure gaps, promote renewable energy, advance regional economic integration, expand access to basic urban services, and support agribusiness. Gender equality will remain a focus across ADB operations. ADB will use partnerships—in power, heating, renewable energy, and water—to transform service delivery, foster private sector participation, and promote green development in Mongolia—one of the countries most affected by climate change. The bank will also intensify its cofinancing partnerships, bringing additional resources and knowledge products to Mongolia’s development agenda.

Updated yearly, this ADB Fact Sheet provides social and economic indicators on Mongolia as well as concise information on ADB's operations in the country and contact information.