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HomeEconomyTapping into the Opportunities in Mongolia’s Transition from Mining to Minds

Tapping into the Opportunities in Mongolia’s Transition from Mining to Minds

For the past decade, the Mongolian mining sector has been at the center of the foreign investors’ attention and the national export goals. Yet, for the past few years, a different sector has been gaining as much or even more popularity and attraction among both the locals and the internationals.

Web 3.0: What’s next? an international event organized by AmCham Mongolia.

With the global rise of Web 3.0, educated youth driving digital transformation and internal push for developing non-mining related sectors, Mongolia has made concrete steps forward in leveling up its game in the digital business sector, which heavily engages human capital. Although Mongolia does not have a big pool of IT talent like the Philippines or Vietnam, it certainly has a few advantages not to be missed by potential investors, including those either from China or operating in China. The advantages are Mongolia’s young talents with adaptable cultural upbringing…

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