A. Bilguun: From exploration and exploitation to development
Discover Mongolia 2012 is set to take place soon. Mongolian Economy interviewed A. Bilguun, chief executive officer of Prime Info, on what results to expect from this year’s forum.
This year’s slogan is “From Exploration and Exploitation to Development”. The motto has great significance since construction to Oyu Tolgoi is nearing completion and exploitation will soon start.
We must focus on manufacturing products with added values. During the forum information on national as well as international markets will be shared. Specialists from Russia, Japan, China and South Korea will attend to give consultancy on South Asian mineral resources and their demand. Something of great importance we will do is introduce the results of research and analyses regarding what obstacles are hindering us from sending Mongolia’s raw materials and minerals to South Asian markets.
How many organisation and companies will be attending this year’s forum? What is the main topic of this year’s gathering?
As of now, over 90 companies have registered to participate at the forum. Also mining services companies have offered to hold exhibits. Over 500 organisations from around 20 countries have attended the Discover Mongolia forum over the years.
As for the general topic of the forum, we will primarily hold discussions on reproducing mineral resources, exploration and exploitation, and issues on deep manufacturing. Topics on the supply and demand of South Asia’s mineral resources will be discussed in a special session.
In addition, issues on foreign investment regulations and making the legal environment more sophisticated will also be discussed. Also, a so-called “government hour” has been added at the forum. The newly elected government will determine the policies and future of the mining industry and private sector. Thus we place great importance to it in our forum.
Could you explain more why you chose this year’s slogan?
Ex-President P. Ochirbat is the general administrator of Discover Mongolia’s general committee. He came up with the motto.
This year’s forum emphasizes the fact that it is important to export processed minerals rather than raw. Last spring, Mongolia agreed to a contract that would allow an Indian company to build a steel factory. One could say that was Mongolia’s start of manufacturing products with added value. Thus, the slogan calls for the production of more such products.
Discover Mongolia has been organised for ten years. It is at a stage where government, mining sector representatives, the private sector as well as foreign investors can speak out. In your opinion, what progress and changes have been brought into government policy and economic development thanks to the forum?
Mongolia’s economy grew very fast in just a few years. Further growth is expected too. Foreign investment is the fundamental reason for this growth.
The forum has been organised since 2003. Even in 2006, when demonstrators protested against all mining activities, we did not cancel the forum. Although Mongolia’s uranium policy made foreign investors turn their backs on us, we still try to settle disputes and cooperate.
The conclusions and policies made at Discover Mongolia are often reflected in state policy and their enforcement as well. So far we have contributed quite a lot to our country’s development by engaging foreign investors.
This year’s slogan is “From Exploration and Exploitation to Development”. The motto has great significance since construction to Oyu Tolgoi is nearing completion and exploitation will soon start.
We must focus on manufacturing products with added values. During the forum information on national as well as international markets will be shared. Specialists from Russia, Japan, China and South Korea will attend to give consultancy on South Asian mineral resources and their demand. Something of great importance we will do is introduce the results of research and analyses regarding what obstacles are hindering us from sending Mongolia’s raw materials and minerals to South Asian markets.
How many organisation and companies will be attending this year’s forum? What is the main topic of this year’s gathering?
As of now, over 90 companies have registered to participate at the forum. Also mining services companies have offered to hold exhibits. Over 500 organisations from around 20 countries have attended the Discover Mongolia forum over the years.
As for the general topic of the forum, we will primarily hold discussions on reproducing mineral resources, exploration and exploitation, and issues on deep manufacturing. Topics on the supply and demand of South Asia’s mineral resources will be discussed in a special session.
In addition, issues on foreign investment regulations and making the legal environment more sophisticated will also be discussed. Also, a so-called “government hour” has been added at the forum. The newly elected government will determine the policies and future of the mining industry and private sector. Thus we place great importance to it in our forum.
Could you explain more why you chose this year’s slogan?
Ex-President P. Ochirbat is the general administrator of Discover Mongolia’s general committee. He came up with the motto.
This year’s forum emphasizes the fact that it is important to export processed minerals rather than raw. Last spring, Mongolia agreed to a contract that would allow an Indian company to build a steel factory. One could say that was Mongolia’s start of manufacturing products with added value. Thus, the slogan calls for the production of more such products.
Discover Mongolia has been organised for ten years. It is at a stage where government, mining sector representatives, the private sector as well as foreign investors can speak out. In your opinion, what progress and changes have been brought into government policy and economic development thanks to the forum?
Mongolia’s economy grew very fast in just a few years. Further growth is expected too. Foreign investment is the fundamental reason for this growth.
The forum has been organised since 2003. Even in 2006, when demonstrators protested against all mining activities, we did not cancel the forum. Although Mongolia’s uranium policy made foreign investors turn their backs on us, we still try to settle disputes and cooperate.
The conclusions and policies made at Discover Mongolia are often reflected in state policy and their enforcement as well. So far we have contributed quite a lot to our country’s development by engaging foreign investors.
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