“Mongolia Investment Forum: Singapore 2024” Organized to Open Up New Investment Opportunities for Foreign Investors
The “Mongolia Investment Forum: Singapore 2024,” aimed at introducing Mongolia's capital market to international investors, particularly those in Singapore, as well as opening up new investment opportunities, took place in Singapore on November 4-5, 2024.
In his opening speech, Chairman of the Financial Regulatory Commission of Mongolia D. Bayarsaikhan highlighted that the growth of financial and capital markets of Mongolia in recent years is the outcome of policies and actions implemented by the Parliament, the Government, and the regulatory organizations on diversifying the economy, reducing the bank shareholding concentration, creating over-the-counter market and policy reforms of the privatization of state-owned companies, lowering securities trading commissions and fees, improving market regulations to meet international standards, and strengthening the foundation of professional investors.
Mr. Bayarsaikhan stated, “Today's event is an example of Mongolia's focus on developing cooperation with international regulatory organizations and enhancing foreign direct investment flows into Mongolia in order to attract further investors. I am confident that this Forum would contribute to connecting the Mongolian capital market with the capital markets of the countries of the Asia-Pacific region, promoting the Mongolian capital market to foreign investors, and raising funds from the international market.”
During the Forum, representatives of Mongolian business organizations presented the development of the Mongolian capital market, newly introduced products and services, and investment opportunities. Furthermore, Mongolian representatives met with Singaporean investors and exchanged views on opportunities for cooperation, according to the Financial Regulatory Commission of Mongolia.
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