I AM PLEASED TO WELCOME YOU ALL.
First of all, I would like to express my sincere gratitude to the representatives of foreign and domestic investors and government institutions for the implemention of the special regime, who have been collaborating for the development of "Altanbulag" free zone.
By virtue of switching to the regular operation regime in 2014 by the decree of the Government of Mongolia, now the scope of operations and investments of investors has been expanded, and the passenger travels has been increasing day by day. As the "Altanbulag" free zone is located in a strategically significant location connecting Asia and Europe, the activities of production, trade, and services, which are rooted from the famous "Tea Road", are being successfully carried out.
Under the scope of work to intensify the "Altanbulag" free zone, measures have been taken to improve coordination of laws and regulations and correspondence between the state and the private sectors.
Works related to revision and approval of the General Development Plan of the "Altanbulag" free zone included in the Action Plan for the implementation of the Action Program of the Government of Mongolia for 2020-2024 and expansion of power supply have been commenced in stages. We are also collaborating with the Korea Trade and Investment Promotion Agency (KOTRA) to develop a feasibility study for the logistics center of the "Altanbulag" free zone.
In order to attract investment and expand cooperation with foreign and domestic organizations on construction of infrastructure of the free zone, which is included in the program of the first phase of the implementation of the "New Revival Policy", we are prioritizing and looking for ways to include the infrastructure works, whose feasibility studies and detailed designs have been approved in foreign projects and programs.
Furthermore, we are in need to define and develop important issues of development policies, such as formulating government policies on the free zone and developing the Altanbulag free zone as an economic cooperation zone.
We are confident that the construction of basic infrastructure of the "Altanbulag" free zone and development of industries will have benefits not only in the region, but also to the social and economic development of Mongolia.
May the development of the "Altanbulag" free zone flourish.
COVERNER OF “ALTANBULAG” FREE ZONE