Mongolia Turns to Untapped Resources for Its Next Phase of Economic Growth

Published on: Saturday 12 September 2026

Mongolia is seeking to build on decades of poverty reduction and rising incomes by directing private investment into cashmere processing, renewable energy and critical minerals. A World Bank Group diagnostic identifies reforms that could attract up to hundreds of millions of dollars in investment and create thousands of jobs, while underscoring the regulatory, infrastructure and governance challenges involved.

News source: https://www.devdiscourse.com/article/education/3975821-mongolia-turns-to-untapped-resources-for-its-next-phase-of-economic-growth

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Mongolia Turns to Untapped Resources for Its Next Phase of Economic Growth