AGP Executive Report
Last update: 8 hours agoLivestock Health & Trade Risk: Mongolia received 1.65 million doses of China’s SAT-1 foot-and-mouth disease vaccine, targeting outbreaks in Bayan-Ulgii and Khovd as authorities keep heightened preparedness and also report O-serotype cases. Energy Infrastructure: Mongolia has launched a tender for 110 MW of solar power plus battery energy storage (52 MW/188 MWh total), with sites across western and eastern aimags under an IPP model to stabilize the grid. Oil Refining Timeline: Work continues on Mongolia’s first large oil refinery in Dornogovi, financed by India, with commissioning expected in Q2 2028 and multiple EPC packages at varying completion levels. India-Mongolia Dealmaking: India’s EAM S. Jaishankar is in Ulaanbaatar for talks with President Khurelsukh, FM Battsetseg Batmunkh and others, focusing on the next phase of the strategic partnership—mining, clean energy, agro-processing, and people-to-people links. Mining Jobs & Governance: Mongolia officially kicked off operations at the Borteeg deposit in the Gobi, with PM Nyam-Osor highlighting domestic oversight under Erdenes Tavantolgoi and steps toward ESG and a future IPO. Tourism Positioning: Mongolia is debating whether to chase mass tourism or higher-income visitors, as marketing spending under “Welcome to Mongolia” and “Go Mongolia!” targets 1m tourists by 2025 and 2m by 2030.
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