2012 Projects successful year
The year saw a full program carried out among the three projects planned, with the Well Project producing a record number of 42 shallow wells either refurbished or newly dug in 4 provinces.
The Grass Cutting and Gobi Oasis Projects were also granted funds to provide sustainable benefits to herder communities.
Full details and pictures.
Mongolia to have own satellite
Having leapt into cutting-edge technology with the installation of a Cray super computer for more precise weather forecasting essential for warning of severe weather to come, Mongolia is now to have its very own satellite. Due to be launched into space from the USA in early 2015 it will be fully assembled and programmed in Mongolia using international-standard components purchased from abroad. Installation of experimental instruments and computer software will be carried out by a team under the collaboration of The Institute of Physics and Technology - Mongolian Academy of Science and the Nuclear Research Center - National University of Mongolia. The 'ready-to-launch' satellite to be known as Mongolsat will then be shipped to the USA.
It will provide Mongolia the ability to survey/monitor its own territory, carry out research, and contribute significantly to the country’s economic development.
A new International Airport
A new International Airport is to be built at Khushigt Valley 60 km from Ulaanbaatar in Tuv province. It will have a 3,600m runway and cope with up to 1.5 million people annually, and be able to handle modern large aircraft that are currently unsuited to Ulaanbaatar's Chingis Khan Airport with its shorter runway and exposure to occasional high winds. The project will be financed by a 30-year soft-loan from Japan and it is due for readiness by 2015, to be fully commissioned by 2019. A railway and auto freight center will be established and a new suburb supporting 100,000 population will be built alongside the airport. It will provide stopover opportunities for flights from Europe and North America and also contribute to regional economic development, generating jobs and making feasible more foreign investment.
Providing aid to Mongolia's nomadic herding families
C A M D A
Cambridge Mongolia Development Appeal
Charity No: 1086778
Mongolia Economic Forum - PM Says "We Need A Brand"
The event held early in March opened under the banner ‘Mongolian Brand and Opportunities". The PM said he wants to create a country brand based on natural/organic agricultural products through which Mongolian nomadic culture endured for centuries.
He emphasised that despite its vast mineral wealth and mining activity....... "Mongolia is a country of agriculture", and that "its level of resources per capita is among the world’s highest, but most of its mineral products, meat, leather and cashmere are exported as raw materials, with no added value." On branding..... "If Mongolians produced goods themselves, they could become the main driver of unstoppable growth" and he drew on Chile's example developing a $600 million wine industry on the back of its copper revenues. He said "currently around 90% of exports are mining-based and only 30% of these are processed."
Guest of Honour Ms. Lakshmi Venkachatalam, Vice President of Asian Development Bank noted that last year those exports made for 17% of revenue, 18.6% of GDP, but less than 2% of new employment. The country faces significant challenges, with high levels of poverty (30% 2012) and high inflation (14.3% 2012). She added that growing external risk is another challenge.
Her advice: "......diversification of the economy, with further private sector participation to mitigate such risk and ensure high sustainable growth and inclusive development. Mongolia has significant potential to diversify its economy if it takes advantage of its excellent human resources, rich livestock and plant resources. Branding will enable Mongolia to diversify its economy."
Poverty Level 2012 Down to 27.4%
Mongolia's National Statistics Office (NSO) recently published its Household Income and Expenditure Survey (HIES) on the World Bank website. Based on a sampling system of over 11 thousand households its findings are that national regional and local poverty levels have fallen from around 30% previously to 27.4% for 2012.
The NSO says it is working towards the goal of estimating aimag (province) poverty indicators starting from 2014 by increasing the sample size of HSES to make the results of greater use and provide important information to evaluate the country's development and outcome of programs implemented by the state.
Road networks between Ulaanbaatar and 21 aimags by 2016 have been promised by Minister for Roads and Transportation A.Gansukh, with 1,340 km of paved roads to be built in Khuvsgul, Bayankhongor, Dornod, Dornogovi, Dundgovi and Umnugovi aimags this year, and Zavkhan, Govi-Altai, Sukhbaatar planned for next year.