
“TSAGAANNUUR” Free Zone Multimodal Logistic Center (Dry Port)
Country
Industry
Planned year
Procuring Agency
Total Amount
Project Details
Risk Allocation
Government and corporate bond yields, expected rates of inflation and economic growth, historical and projected data on equity leverage, company-wide leverage, industry leverage, similar free zone control interest trading, and other financial data for use in business evaluations information (time risk, interest rate risk, investment condition risk, market risk, free zone-specific risk, non-sale risk).
Project Overview
Tsagaannuur is the Mongolian western border point, the gate to Russia, Kazakhstan, Europe, and Middle East markets. Mongolia plans to build manufacturing clusters in Free Zones (FZs) over the mid and long term in order to enhance international trade and economic growth. In this regard, the subject of constructing the free zone's infrastructure is represented in Mongolia's development policy documents, as follows;
“Long-Term Development Policy Vision 2050”
- Build a permanent cross-border trade network through strengthening SEZs that are strategically located near markets and natural resources and are appropriate for industrial development.
“Action Plan of the Government of Mongolia for 2020-2024”
- Building infrastructure for free zones in stages, promoting conditions for the growth of trade, services, and industries for export and domestic markets, and supporting foreign and local investors.
“Mongolia’s Development Directions for 2021-2025”
- By adhering to international standards, free zones’ and border ports' infrastructure will be made more accessible and upgraded.
“New Revival Policy”
- Increase trade turnover through the gradual establishment of free zones and land ports based on Mongolia's regional development concept.
The Memorandum Of Understanding between Tsagaanuur Free Zone and Khorgos Dry Port was established in 2018. The Memorandum of Understanding on cooperation in the field of free zones was established in 2021 between the Office of the Deputy Prime Minister of Mongolia and the Ministry of Trade of the Republic of Turkey.
Project Details
Government and corporate bond yields, expected rates of inflation and economic growth, historical and projected data on equity leverage, company-wide leverage, industry leverage, similar free zone control interest trading, and other financial data for use in business evaluations information (time risk, interest rate risk, investment condition risk, market risk, free zone-specific risk, non-sale risk).
Tsagaannuur is the Mongolian western border point, the gate to Russia, Kazakhstan, Europe, and Middle East markets. Mongolia plans to build manufacturing clusters in Free Zones (FZs) over the mid and long term in order to enhance international trade and economic growth. In this regard, the subject of constructing the free zone's infrastructure is represented in Mongolia's development policy documents, as follows;
“Long-Term Development Policy Vision 2050”
- Build a permanent cross-border trade network through strengthening SEZs that are strategically located near markets and natural resources and are appropriate for industrial development.
“Action Plan of the Government of Mongolia for 2020-2024”
- Building infrastructure for free zones in stages, promoting conditions for the growth of trade, services, and industries for export and domestic markets, and supporting foreign and local investors.
“Mongolia’s Development Directions for 2021-2025”
- By adhering to international standards, free zones’ and border ports' infrastructure will be made more accessible and upgraded.
“New Revival Policy”
- Increase trade turnover through the gradual establishment of free zones and land ports based on Mongolia's regional development concept.
The Memorandum Of Understanding between Tsagaanuur Free Zone and Khorgos Dry Port was established in 2018. The Memorandum of Understanding on cooperation in the field of free zones was established in 2021 between the Office of the Deputy Prime Minister of Mongolia and the Ministry of Trade of the Republic of Turkey.