1 INVITATION: BUSINESS SEMINAR DURING INSPIREME FESTIVAL ON 21ST SEPTEMBER AT WHITE ROCK CENTRE WWW.MONGOLIANBUSINESSDATABASE.COM PUBLISHED:2019/09/18      2 MMC’S COAL SALES INCREASE BY 20 PERCENT IN H1 WWW.ZGM.MN PUBLISHED:2019/09/18      3 RISING EXTERNAL DEBT PUTS PRESSURE TO RESTART GOM BOND TRADE WWW.ZGM.MN PUBLISHED:2019/09/18      4 PETRO MATAD EXPLORATION WELL IN MONGOLIA DISAPPOINTS WWW.YOUINVEST.CO.UK  PUBLISHED:2019/09/18      5 ERDENET MINING CORPORATION CARRYING OUT 5 MAJOR PROJECTS TILL 2030 WWW.MONTSAME.MN PUBLISHED:2019/09/18      6 441,900 TONS OF CEREALS TO BE HARVESTED IN 2019 WWW.ZGM.MN PUBLISHED:2019/09/18      7 MONGOLIA TO BEGIN PAYING FOREIGN DEBTS FROM 2021 WWW.NEWS.MN PUBLISHED:2019/09/18      8 MONGOLIA LEAVES BENCHMARK INTEREST RATE UNCHANGED – AGAIN WWW.NEWS.MN PUBLISHED:2019/09/18      9 CHINA-FUNDED OVERPASS IN MONGOLIA OPENS TO TRAFFIC WWW.XINHUANET.COM PUBLISHED:2019/09/17      10 IFC LOOKS TO OPPORTUNITIES IN MONGOLIA WWW.MONTSAME.MN PUBLISHED:2019/09/17      МОНГОЛ БАНК : БҮХ СЕКТОРЫН ТҮВШИНД САНХҮҮГИЙН НӨӨЦИЙГ ХУРИМТЛУУЛЖ, ЭРСДЭЛ ДААХ ЧАДВАРЫГ БЭХЖҮҮЛЭХ ШААРДЛАГА ӨНДӨР БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2019/09/18     “MONGOLIAN MINING CORPORATION”-ИЙН НҮҮРСНИЙ БОРЛУУЛАЛТ ОНЫ ЭХНИЙ ХАГАС ЖИЛД 20 ХУВИАР ӨСӨЖ, 2.5 САЯ ТОНН ХҮРЧЭЭ WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2019/09/18     МОНГОЛ БАНК: УРСГАЛ ДАНСНЫ АЛДАГДАЛ ДУНДЖААС ДООГУУР ОРЛОГОТОЙ ОРНУУДЫНХААС ӨНДӨР БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2019/09/18     ОУВС-ААС МОНГОЛ УЛСАД ӨГСӨН ГОЛ ЗӨВЛӨМЖҮҮД WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2019/09/18     ИПОТЕКИЙН ХӨТӨЛБӨРТ ЭНЭ ОНД НИЙТ 430 ТЭРБУМ ТӨГРӨГ ОЛГОНО WWW.EAGLE.MN  НИЙТЭЛСЭН:2019/09/18     775 САЯ ТӨГРӨГИЙН АЛТЫГ ХИЛ НЭВТРҮҮЛЭХИЙГ ЗАВДЖЭЭ WWW.EAGLE.MN  НИЙТЭЛСЭН:2019/09/18     БОДЛОГЫН ХҮҮГ ХЭВЭЭР ХАДГАЛАХААР БОЛЛОО WWW.EAGLE.MN  НИЙТЭЛСЭН:2019/09/18     ӨНГӨРСӨН ДӨРӨВДҮГЭЭР САРААС ЦАХИЛГААНЫ ҮНЭ 24 ТӨГРӨГӨӨР НЭМЭГДЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2019/09/18     "БҮС БА ЗАМ"-Д НЭГДСЭН ОРНУУД 6 ЖИЛИЙН ДАРААГААС ҮР ШИМИЙГ НЬ ХҮРТЭЖ БАЙНА WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2019/09/17     ИРГЭДЭД ДӨРВӨӨС ОЛОН ШУУДАЙ ТҮЛШ ОЛГОХГҮЙ БАЙНА WWW.ZGM.MN НИЙТЭЛСЭН:2019/09/17    

Mattia Romani: Mongolia’s been excellent partner for EBRD www.zgm.mn

The Official Gazette sat down with Mr. Mattia Romani, Managing Director of Economy, Policy, and Governance at the European Bank for Reconstruction and Development (EBRD). He talked about EBRD’s projects in Mongolia and possibilities to change the policy in a particular sector.

-The European Bank for Reconstruction and Development is one of the major investors of Mongolia. What further projects EBRD is planning to implement in the country?

-I am happy to say that we have projects across all sectors in Mongolia. We started working with SME’s but now expanded to infrastructure, especially renewable energy sector. And of course, we invest quite a lot in financial institutions as well. Across the board, we have now quite a balanced project activities in the country.

-Could you mention a few successful projects in specific?

-I would like to focus on something that we have done now in Mongolia for a while, which is not strictly focused on only investments. We invested over EUR 1.6 billion in the economy of Mongolia. What we also do a lot is to combine our investments with policy engagement, so that we can cooperate with a number of sectors, government agencies, and institutions. It’s interesting that we can reach a client and make a real difference with that client. For example, Gobi JSC, one of our clients who are demonstrating other investors to invest in the cashmere sector. What we are doing now with policy engagements is important. If we take the learnings from the projects, we talk to the government about changing regulations and laws, so that the changes and experience of that project can become law across the sector. In other words, the impact of our projects is really systemic.

-EBRD has been a long term partner of Mongolia since its transition to democracy. Is Mongolia a good partner, including both the SME’s and the government?

-Well, Mongolia has been an excellent partner for EBRD. There are three reasons to assume so. Firstly, SME’s have the growth aspiration. There are companies that want to grow and improve their standards. Secondly, Mongolia has the freedom of democracy, where people can say what they want freely. And the third reason is that state entities always try to solve the problems and cooperate with us, even though there are some obvious difficulties.



Published Date:2019-09-12