MONGOLIA: OXFORD BUSINESS GROUP TEAMS UP WITH FOREIGN INVESTMENT AND FOREIGN TRADE AGENCY FOR FIRST-TIME COUNTRY REPORT

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Mongolia, 15 August 2011: Oxford Business Group (OBG), the global publishing, research and consultancy company, is expanding its reach across Asia as it prepares to launch a first-time report on Mongolia.

OBG’s editorial and research team will pool resources with the Foreign Investment and Foreign Trade Agency (FIFTA) to produce The Report: Mongolia 2012, which is set to provide groundbreaking coverage of the country’s economic activity and investment opportunities.

FIFTA is a government agency tasked with promoting and facilitating foreign direct investment and trade in Mongolia. The agency works to enhance Mongolia’s investment environment and support industry in its development while also providing information and matchmaking services for businesses.

OBG’s Country Director Anne Delarue said she was delighted to be leading the Group’s new project in Mongolia which is expected to put the country’s important mineral sector in the spotlight.

“Mongolia’s significant mineral deposits, together with its proximity to key international economic giants, has put the country on the international investment radar and marked it as one of the most attractive emerging markets in Asia,” she said. “I look forward to exploring how the mineral sector, together with other important areas of growth such as finance, services, industry and infrastructural development, are driving Mongolia’s economic development.”

Delarue also highlighted the important contribution she expected FIFTA to make in the research process for OBG’s launch report.

“Carefully-planned reforms and measures have put Mongolia on the path to successful and sustainable modernisation,” she said. “The Foreign Investment and Foreign Trade Agency’s experts have an in-depth understanding of the country’s changing economic landscape and are playing a key role in spearheading Mongolia’s industrial development and export growth. I am delighted to have them on board for our new project as we begin documenting the exciting changes taking place here.”

FIFTA’s Vice Chairman Zanabazar Battushig said he was confident OBG’s forthcoming report would bolster Mongolia’s efforts to highlight its development on the international platform.

“The Foreign Investment and Foreign Trade Agency recognises the importance of ensuring that Mongolia’s progress in introducing a sound economic policy and creating a more favourable environment for investors is relayed to the global business community,” he said. “I am confident this important publication will fill a vacuum by providing investors with key business intelligence on the significant changes taking place here and look forward to teaming up with Oxford Business Group, which is recognised as being a leader on emerging markets, as it sets out to chart Mongolia’s economic development.”

The Report: Mongolia 2012 will be a vital guide to the many facets of the country, including its macroeconomics, infrastructure, banking and other sectoral developments. The forthcoming publication will include a detailed, sector-by-sector guide for foreign investors, alongside a wide range of interviews with the most prominent political, economic and business leaders. The Report: The Mongolia 2012 will be available in print or online.

About Oxford Business Group

Oxford Business Group (OBG) is a global publishing, research and consultancy firm, which publishes economic intelligence on the markets of Asia, the Middle East, Africa, Eastern Europe and the Caribbean. Through its range of print and online products, OBG offers comprehensive and accurate analysis of macroeconomic and sectoral developments, including banking, capital markets, insurance, energy, transport, industry and telecoms.

The critically acclaimed economic and business reports have become the leading source of business intelligence on developing countries in the regions they cover. OBG’s online economic briefings provide up-to-date in-depth analysis on the issues that matter for tens of thousands of subscribers worldwide. OBG’s consultancy arm offers tailor-made market intelligence and advice to firms currently operating in these markets and those looking to enter them.

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