1. Mongolia: Short and Medium Term Investment Advantages
Paulius Kuncinas, Regional Editor, Asia
Oxford Business Group THE INSIDE EDGE

2. Key Findings:
•Compelling Investment Proposition
•Extremely Risk Averse Investment Environment
•Key Risk is Dutch Disease – Overeliance on Resources
•Risk is manageable
•Diversification – an urgent priority
Oxford Business Group THE INSIDE EDGE

3. W h a t S e t s M o n g o lia
A p a rt?
• Late Blossom Commodity Story
• Strong Regional Demand
• Democratic Institutions
• Fast Income Growth
• Pent Up Domestic Demand
Oxford Business Group THE INSIDE EDGE

4. D o w n s id e R is k s
• Inflation is the main Risk
• Boom-Bust Cycles
• Mongolia’s politicians are
• Procyclical policies entering into a new social
contract with its population
• Commodity Price Volatility
• The risk is of repeating the
• Inflation mistakes of crowding out
private sector and creating a
• Geopolitics Challenges paternalist state
Oxford Business Group THE INSIDE EDGE

5. L e s s o n s f r o m A s ia
• Mongolia - Unique Asian Growth Story
• Brunei an interesting comparison
• Malaysia offers some lessons
• Papua New Guinea (PNG) same cycle
Oxford Business Group THE INSIDE EDGE

6. D iv e r s if y W h e r e ? L o w
H a n g in g F r u it s
• Play to Strengths – Agriculture
• Tourism – Vast Potential
• Land intensive industries
• Renewable Energy
• Data Storage
• Transit logistics
Oxford Business Group THE INSIDE EDGE

7. THANK YOU!
Oxford Business Group THE INSIDE EDGE