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After a strong first edition of Expo Mongolia in March of this year, the international multi sector trade fair will take place again from May 23 to 25, 2016 in the Buyant Ukhaa Sport palace. The organizers of Expo Mongolia are looking forward to an increase in country attendees and are confident that new agreements in the Mongolian industry will push the development of the show even further.
Many countries view the mining sector as a driving force of economic development – so does Mongolia. The main economic focus of this resource-rich country is based on the extraction of mineral resources like coal, oil, gold, silver and copper. With world renowned mines like Tavan Tolgoi (TT) and Oyu Tolgoi (OT) in development, Mongolia has great chances of becoming the leading producer in the mining industry.
A first step is done with the new agreement for the OT project made in May 2015. But to bring these resources into global trade and to achieve maximum profit for the country, infrastructure development must be pursued in a timely manner. However, since simply focusing on the mining sector has led to a neglect of other industries in the past, Mongolia’s main aim now is to broaden the economy across various sectors and to adaptto the development of each one.
“After challenges in recent years in the Mongolian economy new agreements in the mining sector and new investment opportunities in many public and private sector projects will push the economy of Mongolia in the next coming years”,
said Ingo Klöver, Managing Director of Expo Mongolia 21 GmbH, organizer of the show.
”Expo Mongolia established an international networking place in Mongolia to bring global trade to this promising natural resource-rich country. Through representatives all over the world and partnerships with local institutions and international industry associations, we are ensuring the expansion of the show.”
Expo Mongolia attracts companies from Europe, Middle East, Asia and North America. Official pavilions from Germany and China as well as an official group from the Czech Republic are already in planning. Organizers await more to join soon.
Alongside the exhibition, Expo Mongolia consists of a high level conference program covering topics including market development, country projects and investment opportunities. Exhibitors can use a free matchmaking program to profit from prearranged meetings with potential clients on-site.
For more information please visit www.expomongolia.com.