Mongolia: A land of opportunity
If Mongolia was an investment stock, it would be a cross between a large high growth dotcom and an early stage technology play. The growth prospects are excellent, with output
from just one of the country’s mines (when running at full capacity) equal to the total current GDP of the country. However, the path to this high growth phase is not fully tested. The
financial and capital markets are immature, the infrastructure (from roads to power and water) are inadequate and not all of the country is convinced that it should share its wealth.