The Danish companies FLSmidth, Danfoss, Grundfos, Hempel, and Haldor Topsoe met, together with Danish Ambassador and his delegation, Mongolian Minister for Minerals & Energy, Dashdorj Zorigt and Minister for Construction, City Planning, Roads, & Transportation, Dashdorj Tsedev.
They discussed Mongolia’s new demand for innovative solutions in the area of energy & environment and which business opportunities it creates. Last year alone, Mongolia experienced a total growth in economy on 17.3 % thus making quality solutions affordable for Mongolia.
The Mongolian mining sector is undergoing a rapid development these years and is expected to drive a broader and more comprehensive economic and social development in the future.
Other sectors in the economy contain growing business opportunities for Denmark in the future. Renewable energy, energy efficiency but also agriculture and housing are expected to grow quickly in the coming years.
The Danish Mongolian cooperation
Even though a Danish export adventure to Mongolia is at its first stage the two countries have a close bilateral cooperation. Since the collapse of the Soviet Union, Denmark has supported the development of a modern democracy in Mongolia significantly.
Denmark still supports NGOs in Mongolia in their endeavours to fight poverty. The Ambassador and Minister Counsellor, Søren Jacobsen visited one of the projects where a NGO provides microloans to Mongolians that wish to start small businesses.
Original news source: http://kina.um.dk/en/news/newsdisplaypage/?newsID=FE904239-7295-4448-A261-657C9B14ABF3