{"id":9412,"date":"2026-08-27T17:50:31","date_gmt":"2026-08-27T09:50:31","guid":{"rendered":"https:\/\/www.investmongolia.gov.mn\/en\/?page_id=9412"},"modified":"2026-09-18T11:11:11","modified_gmt":"2026-09-18T03:11:11","slug":"success-stories","status":"publish","type":"page","link":"https:\/\/www.investmongolia.gov.mn\/en\/?page_id=9412","title":{"rendered":"Success stories"},"content":{"rendered":"[vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” top_padding=”3%” bottom_padding=”3%” right_padding_desktop=”0″ right_margin=”0″ text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overflow=”visible” shape_divider_position=”bottom” bg_image_animation=”none” shape_type=”” gradient_type=”advanced” advanced_gradient_display_type=”linear”][vc_column right_padding_desktop=”0″ right_margin=”0″ column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” column_position=”default” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/1″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid” column_padding_type=”advanced” gradient_type=”default”][tabbed_section style=”vertical_modern” tab_color=”Extra-Color-1″ vs_content_animation=”fade” vs_link_animation=”opacity” vs_navigation_alignment=”left” vs_navigation_width_2=”25%” vs_navigation_func=”default” vs_navigation_width=”regular” vs_navigation_spacing=”15px” vs_navigation_mobile_display=”visible” vs_tab_spacing=”5%” el_class=”full-width”][tab icon_family=”fontawesome” title=”Oyu Tolgoi Project” id=”1789700525684-6″ tab_id=”1789700525684-1″ icon_fontawesome=”fa fa-globe”][vc_column_text]\n
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\"Oyu<\/div>\n
\"Oyu<\/div>\n
\"Oyu<\/div>\n<\/div>\n

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Oyu Tolgoi<\/strong> is one of the world’s largest copper-gold mining projects and Mongolia’s flagship foreign-investment success story. The project demonstrates how long-term international investment can combine capital, advanced technology, global expertise and local capability to develop a world-class mining operation. Operated by Oyu Tolgoi LLC, the project involves Rio Tinto, Turquoise Hill Resources and the Government of Mongolia. The mine has an expected operating life of more than 50 years. Beyond mineral production, Oyu Tolgoi has become a major contributor to Mongolia’s public finances and domestic supply chains. In 2025, the company contributed MNT 2.34 trillion<\/strong> in taxes, fees and other payments, while its domestic procurement, salaries and government payments generated MNT 8.4 trillion<\/strong> in economic activity.<\/p>\n

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5 Key Investment & Economic Impact KPIs<\/strong><\/p>\n\n\n\n\n\n\n\n
US$16+ billion<\/strong><\/td>\nInvestment in the development of the Oyu Tolgoi complex<\/td>\n<\/tr>\n
US$6.3 billion<\/strong><\/td>\nCumulative taxes, fees and other payments since 2010<\/td>\n<\/tr>\n
97%+ Mongolian workforce<\/strong><\/td>\nShare of employees who are Mongolian nationals<\/td>\n<\/tr>\n
US$15 billion<\/strong><\/td>\nCumulative in-country procurement since 2010<\/td>\n<\/tr>\n
500,000 tonnes\/year<\/strong><\/td>\nTarget annual copper production during the 2028\u20132036 ramp-up period<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n[\/vc_column_text][\/tab][tab icon_family=”none” title=”Mobicom Digital Transformation” id=”1789700525700-7″ tab_id=”1789700525700-0″][vc_column_text]\n
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\"MobiCom<\/div>\n
\"MobiCom<\/div>\n
\"MobiCom<\/div>\n<\/div>\n

From Foreign Investment to Mongolia\u2019s Digital Infrastructure<\/strong><\/p>\n

Established in 1995 as a joint venture between Mongolia\u2019s Newcom Group and Japan\u2019s KDDI and Sumitomo Corporation, MobiCom became Mongolia\u2019s first mobile telecommunications operator, launching its GSM service in 1996. The investment brought not only capital, but also international technology, technical expertise and operational know-how to Mongolia\u2019s emerging telecommunications market.<\/span><\/p>\n

Starting with just four base stations, one service center and 13 employees, MobiCom has grown into a nationwide telecommunications and digital infrastructure company. Today, MobiCom Group reports more than 1.7 million users and 1,700 employees, with services spanning mobile and international communications, high-speed internet, satellite communications, digital payments, network infrastructure and data centers.<\/span><\/p>\n

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The partnership also helped accelerate technology adoption in Mongolia. MobiCom introduced 3G in 2009, 4G LTE in 2016 and Mongolia\u2019s first 4G carrier aggregation technology in 2017. Its evolution demonstrates how foreign investment can create lasting value by combining international expertise with local entrepreneurship, building new industries and strengthening Mongolia\u2019s digital economy.<\/p>\n

Key Indicators & Impact<\/p>\n<\/div>\n

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\n\n\n\n\n\n\n\n\n\n
KPI<\/th>\nImpact<\/th>\n<\/tr>\n<\/thead>\n
1995<\/strong><\/td>\nJoint venture established with Japanese partners KDDI & Sumitomo<\/td>\n<\/tr>\n
1.7M+<\/strong><\/td>\nCurrent users across MobiCom Group<\/td>\n<\/tr>\n
1,700<\/strong><\/td>\nEmployees<\/td>\n<\/tr>\n
30+ years<\/strong><\/td>\nContinuous operation in Mongolia<\/td>\n<\/tr>\n
4G LTE<\/strong><\/td>\nLaunched in Ulaanbaatar in 2016; first carrier aggregation introduced in Mongolia in 2017<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n[\/vc_column_text][\/tab][tab icon_family=”none” title=”MCS Coca Cola” id=”1789700525711-4″ tab_id=”1789700525711-4″][vc_column_text]\n
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MCS Coca-Cola<\/h3>\n

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\"MCS<\/div>\n
\"MCS<\/div>\n<\/div>\n<\/div>\n

<\/p>\n

In 2001, MCS Group became the authorized producer and distributor of Coca-Cola products in Mongolia, bringing one of the world\u2019s most recognized brands and international business practices into the country. The first production facility began operations in 2002, enabling Coca-Cola beverages to be produced locally for the first time.<\/p>\n

Over the following 25 years, the partnership evolved into a major local manufacturing and distribution platform. MCS Coca-Cola introduced international standards in food safety, quality, occupational health and environmental management, while adopting global practices in marketing, sales and distribution. The company has progressively expanded its production capacity, product portfolio and nationwide distribution network.<\/p>\n

Today, MCS Coca-Cola serves more than 16,000 customers nationwide and employs more than 1,200 people. It produces and distributes more than 20 brands locally, including Coca-Cola, Sprite, Fanta, Bonaqua, Fuze Tea, Minute Maid and Schweppes. In 2025, the company purchased MNT 239 billion worth of goods and services from domestic businesses, strengthening local supply chains.<\/p>\n

The partnership demonstrates how global brands, international standards and local entrepreneurship can combine to build long-term manufacturing capability and create value within Mongolia.<\/p>\n

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5 Key Investment & Economic Impact KPIs<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n
KPI<\/th>\nResult<\/th>\n<\/tr>\n<\/thead>\n
25+ years<\/strong><\/td>\nOperating in Mongolia since 2001<\/td>\n<\/tr>\n
16,000+<\/strong><\/td>\nCustomers nationwide<\/td>\n<\/tr>\n
1,200+<\/strong><\/td>\nEmployees<\/td>\n<\/tr>\n
20+<\/strong><\/td>\nInternational and local beverage brands produced and distributed<\/td>\n<\/tr>\n
MNT 239 billion<\/strong><\/td>\nGoods and services purchased from domestic businesses in 2025<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n[\/vc_column_text][\/tab][tab icon_family=”none” title=”Salkhit Wind Farm” id=”1789700525717-4″ tab_id=”1789700525717-10″][vc_column_text]\n
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Pioneering Private Investment in Mongolia\u2019s Renewable Energy Sector<\/h3>\n

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\"Salkhit<\/div>\n
\"Salkhit<\/div>\n
\"Salkhit<\/div>\n<\/div>\n<\/div>\n<\/div>\n

Salkhit Wind Farm represents a landmark investment in Mongolia\u2019s renewable energy sector and a pioneering example of private-sector participation in power generation. Developed by Clean Energy LLC, a Newcom Group company, the project brought together Mongolian and international partners, including General Electric (GE), the European Bank for Reconstruction and Development (EBRD) and the Netherlands Development Finance Company (FMO). The project attracted approximately US$120 million in total investment<\/strong> and began commercial operations in June 2013.<\/p>\n

Located approximately 70 kilometres southeast of Ulaanbaatar, Salkhit is Mongolia\u2019s first wind farm connected to the central grid and its first privately owned independent power producer. The project uses 31 GE wind turbines<\/strong> with a total installed capacity of 50 MW<\/strong>, introducing modern wind-generation technology and international project-financing practices to Mongolia\u2019s energy sector.<\/p>\n

Salkhit produces approximately 150\u2013170 million kWh of clean electricity annually<\/strong>, equivalent to the annual electricity consumption of around 100,000 households. It also reduces coal consumption, freshwater use and greenhouse-gas emissions, demonstrating how international investment and local entrepreneurship can support Mongolia\u2019s energy diversification and green transition.<\/p>\n

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5 Key Investment & Economic Impact KPIs<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n
KPI<\/th>\nResult<\/th>\n<\/tr>\n<\/thead>\n
US$120 million<\/strong><\/td>\nTotal project investment<\/td>\n<\/tr>\n
50 MW<\/strong><\/td>\nInstalled generation capacity<\/td>\n<\/tr>\n
31<\/strong><\/td>\nGE wind turbines<\/td>\n<\/tr>\n
150\u2013170 million kWh\/year<\/strong><\/td>\nClean electricity generated<\/td>\n<\/tr>\n
180,000 tonnes\/year<\/strong><\/td>\nEstimated CO\u2082 emissions avoided<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n[\/vc_column_text][\/tab][tab icon_family=”none” title=”Tsetsii Wind Farm” id=”1789700525726-1″ tab_id=”1789700525727-10″][vc_column_text]\n

Tsetsii Wind Farm: Scaling Renewable Energy Investment in Mongolia<\/strong><\/h4>\n
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\"Tsetsii<\/div>\n
\"Tsetsii<\/div>\n<\/div>\n

Located in Tsogttsetsii soum of South Gobi Province, the Tsetsii Wind Farm is a landmark private investment in Mongolia\u2019s renewable energy sector. Developed by Clean Energy Asia LLC, a joint venture between Mongolian company Newcom LLC and SB Energy Corp., the project was financed with support from the European Bank for Reconstruction and Development (EBRD) and the Japan International Cooperation Agency (JICA).<\/p>\n

With an installed capacity of 50 MW, the wind farm consists of 25 Vestas wind turbines and began commercial operations in October 2017. It was developed to help meet Mongolia\u2019s growing electricity demand while reducing reliance on carbon-intensive power generation. The project represented one of Mongolia\u2019s early large-scale privately financed renewable energy investments and demonstrated the potential for international development finance and private capital to support clean energy infrastructure.<\/p>\n

Tsetsii Wind Farm has an annual electricity production capacity of approximately 201 million kWh and contributes renewable power to Mongolia\u2019s Central Energy System. Its development also created opportunities for local employment and strengthened private-sector participation in the country\u2019s energy transition.<\/p>\n

5 Key Investment & Economic Impact KPIs<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n
KPI<\/th>\nImpact<\/th>\n<\/tr>\n<\/thead>\n
Installed Capacity<\/td>\n50 MW<\/strong><\/td>\n<\/tr>\n
Annual Electricity Production<\/td>\n~201 million kWh<\/strong><\/td>\n<\/tr>\n
Total Project Investment<\/td>\n~USD 128 million<\/strong><\/td>\n<\/tr>\n
Annual GHG Emissions Avoided<\/td>\n~160,000 tonnes<\/strong><\/td>\n<\/tr>\n
Annual Coal Consumption Avoided<\/td>\n~110,000 tonnes<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n[\/vc_column_text][\/tab][\/tabbed_section][\/vc_column][\/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overflow=”visible” overlay_strength=”0.3″ gradient_direction=”left_to_right” shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” column_position=”default” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/1″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/1″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][split_line_heading animation_type=”line-reveal-by-space” font_style=”h2″ line_reveal_by_space_text_effect=”default” content_alignment=”default” mobile_content_alignment=”inherit” link_target=”_self” text_content=”News & events” max_width=”600″]News & events[\/split_line_heading][\/vc_column_inner][\/vc_row_inner][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/1″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”]\t
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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"MONGOLIA\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t
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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tNews<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t2026.10.08<\/span>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t

\n\t\t\t\t\t\t\tMONGOLIA AND THE CZECH REPUBLIC EXCHANGE EXPERIENCE ON SUPPORTING SMEs AND ACCESS TO INTERNATIONAL MARKETS<\/a>\n\t\t\t\t\t\t<\/h4>\n\t\t\t\t\t\t

\u00a0 As part of the visit focused on Czech\u2013Mongolian cooperation in science, innovation, and support for small and...<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"DISCUSSING\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t
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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tNews<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t2026.10.07<\/span>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t

\n\t\t\t\t\t\t\tDISCUSSING OPPORTUNITIES FOR COOPERATION WITH THE CZECH REPUBLIC IN TECHNOLOGY, RENEWABLE ENERGY, AND INNOVATION<\/a>\n\t\t\t\t\t\t<\/h4>\n\t\t\t\t\t\t

A Mongolian delegation led by Ms. B. Zandan, Director General of the Investment and Trade Agency, met with...<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\"MONGOLIA\u2019S\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/a>\n\t\t\t\t\t
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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tNews<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t2026.10.05<\/span>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t

\n\t\t\t\t\t\t\tMONGOLIA\u2019S CAREC 2026 CHAIRMANSHIP AND INVESTMENT & TRADE COOPERATION INITIATIVE<\/a>\n\t\t\t\t\t\t<\/h4>\n\t\t\t\t\t\t

Mongolia is chairing the Central Asia Regional Economic Cooperation (CAREC) Program in 2026. As part of the 25th...<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n[\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row]\n","protected":false},"excerpt":{"rendered":"

[vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” top_padding=”3%” bottom_padding=”3%” right_padding_desktop=”0″ right_margin=”0″ text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overflow=”visible” shape_divider_position=”bottom” bg_image_animation=”none” shape_type=”” gradient_type=”advanced” advanced_gradient_display_type=”linear”][vc_column right_padding_desktop=”0″ right_margin=”0″ column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″…<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_eb_attr":"","footnotes":""},"class_list":["post-9412","page","type-page","status-publish"],"_links":{"self":[{"href":"https:\/\/www.investmongolia.gov.mn\/en\/index.php?rest_route=\/wp\/v2\/pages\/9412","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmongolia.gov.mn\/en\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.investmongolia.gov.mn\/en\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmongolia.gov.mn\/en\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmongolia.gov.mn\/en\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9412"}],"version-history":[{"count":5,"href":"https:\/\/www.investmongolia.gov.mn\/en\/index.php?rest_route=\/wp\/v2\/pages\/9412\/revisions"}],"predecessor-version":[{"id":9672,"href":"https:\/\/www.investmongolia.gov.mn\/en\/index.php?rest_route=\/wp\/v2\/pages\/9412\/revisions\/9672"}],"wp:attachment":[{"href":"https:\/\/www.investmongolia.gov.mn\/en\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}