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10 March 2017

Mongolia attracts Polish FDI

„We will support Polish companies interested in doing business in Mongolia” - said Tomasz Pisula, opening the Polish Mongolian Economic Seminar that was arranged by Polish Investment and Trade Agency.

“Ladies and Gentleman, you are in the right place, if you are interested in developing economic relations with Poland”, Pisula said to Mongolian companies taking part in the seminar. “The Agency will be the first public institution in Poland offering a complex support for global expansion of Polish companies” he stressed.

Poland is considered as one of the main economic partners of Mongolia in the European Union. To strengthen the economic collaboration between the two states, a Polish-Mongolian Parliamentary Group has been created. “The parliamentary cooperation plays a very important role. It links the countries”, explained Mr Damba-Ochir Dorjdamba, the chairman of the Parliamentary Group.


Pisula: The Agency will be the first public institution in Poland offering a complex support for global expansion of Polish companies

Mining is the strategic sectors of the Mongolian economy and the main area of the activity of foreign companies. 73% of direct foreign investments are located in the mining sector. Mongolia also specializes in agri-food industry with a high position of milk, meat and wheat production. “We are interested in cooperation with Poland in tractors assembly, construction of warehouses, development of road infrastructure, equipping vocational schools and milk processing” - said Mr. Nemekh Bataa, Ambassador Extraordinary and Plenipotentiary of Mongolia to Poland.

“The country's economic situation is not exemplary. However, we are doing everything to improve it. It is worth to remember that Mongolia is neighbouring the two large markets: the Chinese Russian market”, Ambassador added. Representatives of the Mongolian government assured that they will support any initiative to foster cooperation between the two countries.

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The seminar was arranged on the occasion of the official visit of the Mongolian Parliament to Poland.


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