The development of Zamiin Uud free zone will be strengthened in Mongolia

On July 7, the cabinet held a regular meeting and decided to allocate more than a billion MNT from the government’s emergency fund to the power plant and the testing and configuration of the sewage facilities to be built as part of the ZamiinUud infrastructure improvement project . OyunErdene has ordered the development of the ZamiinUud Free Economic Zone to be opened for further operation by the summer of this year, although the original program is expected to be completed in 2026. The favorable regulatory framework will enable increased export and import, the development of factories and the creation of new trade sectors, and stimulate development and employment, tourism, transit and logistics activities, introduce new technologies, trade facilitation and regional development, for example, the Number of investors rises to 70 and 9,400 additional jobs will be created in 2026, and goods exports will triple and overseas investments will reach $ 2,900 million with 18,000 additional jobs in 2034, the cabinet secretary’s press office reports.