Mongolia's Investment environment | MEDEF International – March 18, 2026

Our firm had the pleasure of attending a high-level discussion on Mongolia’s investment environment - a conversation that confirms a deeper shift: Mongolia is emerging as a strategic partner for French businesses.

As highlighted by Claude Imauven (Chairman of the France–Mongolia Business Council at MEDEF International), French companies’ interest in Mongolia is clearly accelerating. This momentum builds on both long-standing cooperation (Orano) and new flagship projects such as POMA’s urban cable car in Ulaanbaatar.

Beyond the headlines, several structural trends stand out.

First, a growing alignment of strategic interests.

In a context shaped by energy transition and supply chain security, Mongolia is positioning itself as a key player, particularly in energy resources.

Second, a deliberate economic transformation.

As presented by Zandan Bilegt, Director of the Mongolian Investment and Trade Agency, Mongolia combines democratic stability, competitive taxation, and integration into major regional transport corridors — alongside a strong push toward digital development and digital sovereignty.

Third, an expanding opportunity landscape.

While large-scale projects remain essential, tangible opportunities are emerging for SMEs across urban services, healthcare, tourism, education, and training.

H.E., Nyamkhuu Ulambayar, The Ambassador of Mongolia to France captured this momentum with a clear statement: “A new decade of partnership lies ahead.”

This signals a shift from opportunity-driven engagement to long-term co-creation.

For French companies, the challenge is no longer simply to explore Mongolia, but to commit -  to invest time, build local understanding, and structure sustainable, long-term projects.

Mongolia is no longer a niche market. It is becoming a strategic frontier.