Picture of Peace Avenue, Ulaanbaatar
Peace Avenue night scene, close to Khan Bank Head Office

Mongolia

There are extraordinary investment opportunities in Mongolia, reflecting the expanding production of the country’s mineral and agricultural wealth. Particularly impressive is the Mongolian government’s intention to distribute these riches to the Mongolian people, who are singularly well-educated. Some economists expect that Mongolia will have one of the highest growth rates in the world over the next ten to fifteen years. It is an open society with a democratic government and an absence of religious strife. The Mongolian Tugrik is a freely convertible currency and the banking system is very advanced.

Clear Lakes Capital seeks to invest with a view to expanding the growth prospects of this vibrant country, whose average age is twenty-eight.