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economic priority sectors and opportunies

Agriculture and food production

Agriculture and food production

Sector overview

Agriculture sector has been regarded as the traditional sector of Mongolia producing about 20 percent of gross domestic product. It is the main pillar of food supply and national industrial raw material, accounting to over 10 percent of total export revenue. In the first 10 months of 2016, the agriculture sector has produced goods worth MNT 2.4 trillion calculated at annual prices. About 35 percent of Mongolian workers, or 153.1 thousand households /335 thousand people/ work in the sector depending on sales of agricultural products.   

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Construction sector overview

Construction sector overview

Mongolian construction sector has developed rapidly in the last 10 years, and has become one of the leading sectors for its impact to the country’s economy. As a result, manufacturing of construction material, number of jobs and product demand has been growing steadily. Construction sector annual growth has been at least 6.1 percent on average. For the last 5 years, the sector continuously contributed to at least five percent of country’s GDP and it employs most number of people.

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Food production

Food production

Investment opportunities in key food production sectors are summarized below.

  • Milk production

Currently, 220 dairy factories and mill shops operate on a national level, employing about 1326 people.

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Livestock sector

Livestock sector

Agriculture sector, specifically livestock sector plays a significant role in the economy, employment, export revenue and gross domestic product. This sub-sector produces over 80 percent of total agriculture products, and accounts for 10 percent of total export revenue.

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Transportation sector overview

Transportation sector overview

Mongolia transportation services and works are performed through road transport, railway, civil aviation and water transport.    

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