RE: SGCC 'Massive' Renewable Contract Update Incoming!4 Feb 2025 17:50
The Mining Department of the Ministry of Minerals and Petroleum prepares an annual mining investment environment study to assess the current state of the investment environment in Mongolia's mining sector, identify emerging issues, and develop proposals to improve the investment environment .
The investment climate in the mining sector is assessed using 20 indicators and is rated as “excellent”, “good”, “average ”, “poor”, and “very poor” . This year, 874 organizations participated in the survey, and the overall score for the investment climate in Mongolia’s mining sector was 52.2 points , which is “ average ” .
The absence of “ very good ” or “ good ” ratings among the 20 indicators that were aggregated in the assessment indicates that the investment environment cannot be considered favorable . The absence of “ very bad ” indicators also indicates that the situation is not too difficult . 12 indicators are included in the medium category and 8 indicators are included in the poor category .