Товч агуулга:Foreign direct investment plays an important role in development. It can provide a host country with access to technology transfer, product, development skills and financing and new marketing channels. With the advent of globalization and strong legal policy support, foreign investment has helped the Mongolian economy grow tremendously.
In recent years, the mineral price keeps rising in the world market causing the Mongolian mining sector to develop rapidly so that it attracts foreign and domestic investments significantly contributing to the national economic growth. Minerals have become the main source of the state budget and an opportunity to improve living standards of the people and to increase economic growth.
