HOW TO DEVELOP TOURISM SUSTAINABLY IN UMNUGOBI PROVINCE OF MONGOLIA DURING THE MINING BOOM?

Umnugobi province is a one of the Mongolian top tourist destination. it receives most of Mongolian international tourists because Gobi desert is famous for its scenic natural features, endemic animals and dinosaur remains. Surprisingly, there are also 2 huge mines of gold, copper and coal named Oyu Tolgoi  and Tavan Tolgoi. More recently the Government decided to use those fields. Therefore, Mongolians faces critical issue. How to develop tourism and mining industry simultaneously in this region? Because Mongolians hope that future economic benefit of tourism is outweigh mining industry.

Umnugobi province mining trend

Umnugobi, the largest province of Mongolia, is situated in the southern part of the country and have an abundance of mineral resources such as gold, copper and coal.

"METALS INDUSTRY DEVELOPMENT BOOM - NEW ECONOMIC BOOM"

Government Palace, 2011.08.25

International Investment Conference Objectives

The main objective of the Conference is to provide discussion platform and assist in medium- and long-term planning and implementation associated with the Government’s intentions to achieve  value-added production at industrial parks through downstream processing of ferrous and non-ferrous metal products. It is aimed to provide potential investors with an insight into the Government’s policies pertaining to metallurgical industry, related exploration, extraction, processing, and infrastructure projects; to facilitate such investments; provide opportunity for open discussion and possible solutions  through involvement of representatives of both public and private sector and professional organizations on the opportunities and challenges in project financing, tax and legal environment

CURRENT SITUATION OF MONGOLIAN MINING INDUSTRY

In Mongolia, mining sector plays key role in industry and for the last few years its output has been drive country’s economy. The sector’s share in the GDP reached 28.2% in 2009.

Graph.1. Mining industry contribution to the economy (Source: Mongolian National Mining Association)