Б.Бямбасайхан: Бид сайн ажилласан хүнийг үнэлдэг нийгэмд амьдарч байна

Б.Бямбасайхан: Бид сайн ажилласан хүнийг үнэлдэг нийгэмд амьдарч байна

Монголын бизнесийн зөвлөлийн УЗ-ийн дарга Б.Бямбасайханыг CEO буландаа урьж ярилцав. Тэрбээр “Мобиком корпораци”, “Клин Энержи” компанийн ТУЗ-ийн дарга, “Оюу толгой”-н ТУЗ-ийн гишүүн, “Эрдэнэс Монгол”, “Ньюком групп”-ийн 

-Та аль дунд сургуулийг төгссөн бэ?

-Манай аав ээж хоёр Гадаад яамнаас тэтгэвэртээ гарцгаасан. Аав маань жолооч, ээж дипломатч хүн. Би багадаа орос сургуульд сурсан. Намайг тавдугаар ангид байхад аав ээж АНУ-ын Нью-Йорк хотод томилогдон ажиллах болсон юм. Англи хэл мэдэхгүй очсон. Хүүхэд юм болохоор орчиндоо хурдан дасаж, гурван сарын дараа хичээлээ ойлгож эхэлсэн. Нью-Йорк олон соёлыг нэгтгэсэн хот. Манай ангид олон орны хүүхдүүд байв.

Америкаас буцаж ирээд нийслэлийн 54 дүгээр сургуулийг төгссөн юм. Дунд сургуулиа төгсөөд МУИС-ийн Олон улсын харилцааны сургуульд элсэн орж, Ж.Баясах, Д.Баярхүү багшийн шавь болсон. Ж.Баясах багш Олон улсын харилцааны дээд сургуулийг үүсгэн байгуулсан хүн шүү дээ. Мэдээж олон багштай байсан. Гэхдээ нэр дурдсан хоёр багш маань миний өдий зэрэгтэй явахад гол нөлөө үзүүлсэн, ачтай хүмүүс.

Бага байхад надад дипломатчийн ажил их сонирхолтой санагддаг байв. Аав ээжийн нөлөө ч байсан байх. Гэр бүлийнхэнтэйгээ ярилцаж байгаад Олон улсын харилцааны сургуулийг сонгосон.

1997 онд оны шилдэг оюутнуудыг шалгаруулахад би тэнцэж, гадаадын нэр хүндтэй их сургуульд магистр хамгаалах Засгийн газрын тэтгэлгээр шагнуулав. Дараа жил нь их сургуулиа төгсөөд АНУ-ын нийслэлд Жорж Вашингтоны их сургуульд олон улсын харилцаа, эдийн засгийн чиглэлээр сурч, 2000 онд төгссөн.

-Анх ямар ажил хийсэн бэ?

-Америкаас ирээд аравдугаар ангид байхдаа орчуулга хийж эхэлсэн. Бага ангийнханд англи хэлний хичээл заана. Гаднын сэтгүүлчдэд аман болон бичгийн орчуулга хийж тусална. Хоногийн 20 ам.доллараар орчуулга хийнэ. 1993-1995 онд энэ нь тухайн үеийнхний нэг сарын цалинтай тэнцэж байв. 1995 оны зун Сэлэнгэд Тужийн нарсанд ЖАЙКА-гийн ойн нөөцийн судалгааны төслийнхөнтэй хоёр сар гаруй хамт ажилласан. 1,500 ам.долларын цалин авч, дийлэнхийг нь аав ээждээ өгсөн. Тухайн үедээ би их л “баян” оюутан байв.

Албан ёсны ажлын тухайд 1997 онд Гэгээрлийн яам гэж байв. Одоогийн БСШУСЯ. Ч.Лхагважав сайд манай багш нарт хандаж, гадаад харилцаа хариуцсан мэргэжилтэн маань ажлаасаа гарсан. Англи хэлэндээ сайн оюутан явуулаач гэсэн юм билээ. Багшийн хэлснээр би Ч.Лхагважав сайд, Төрийн нарийн бичгийн дарга Р.Бат-Эрдэнэтэй уулзлаа. Яг тэр үед Азийн хөгжлийн банкны төлөөлөгчид яаманд ирж таарсан. Тэгсэн шууд л за чи суугаад, орчуул гэлээ. Уулзалт дуустал чи ажилд орлоо гэв. Гэгээрлийн яаманд хичээлийнхээ хажуугаар нэг жил хагас ажилласан.

Дараа нь Америкт магистрт сурах хугацаандаа АНУ-ын засгийн газрын USAID гэж хөгжлийн туслалцаа үзүүлдэг байгууллагын нэг хөтөлбөрт ажиллаж эхэлсэн юм. Энэтхэг, Шри Ланка гэх мэт Өмнөд Азийн орнуудад Америкийн шилдэг технологийг нэвтрүүлэх ажил байсан. Агаарын бохирдол, усны хомстол, цэвэр усны хангамж, сэргээгдэх эрчим хүч, эрчим хүчний хэмнэлт, байгаль орчны менежмент гэх мэт олон салбарыг хамарч ажилласан.

2004 онд би АХБ-ны Залуу мэргэжилтний хөтөлбөрт хамрагдсан юм. АХБ жилд таван л хүнийг сонгон авдаг, өрсөлдөөн ихтэй хөтөлбөр. Энэ хөтөлбөрт тэнцсэнээр ажлын урилга хүлээн авч, би Филиппин рүү нүүсэн. Тэнд эрчим хүч, дэд бүтцийн салбарт ажиллах гараагаа тавьсан. Үүнээс хойш цэвэр эрчим хүч рүү эргэлт буцалтгүй орсон доо.

 

-Багаасаа гадаадад амьдарснаар та ямар давуу талыг олж авсан бэ?
-Хэдий бид чи аль аймгийнх вэ гэж бие биеэсээ асуудаг ч нутгаасаа гараад бүгд адилхан Монгол хүн. Хилийн дээс алхахаар биднийг доогуур үнэлдэг. Одоо ч ийм зүйл надад тохиолддог. Яагаад гэвэл чи Монгол учраас. Энэ бол бодит байдал. Бид өрсөлдөөнтэй зэх зээлд амьдарч байна. Зарим хүн Монголоос ирсэн гэхээр хаана байдгийг нь ч мэддэггүй. Ийм нөхцөлд олон удаа орохоор хүн бусдаас илүү ажиллаж байж л амжилтад хүрнэ гэдгийг ойлгодог. Энэ бол миний гол зарчим. Би энэ замаар явж байна. Тэгж л бусдаас ялгарна. Түүнээс яг адилхан сургууль төгссөн, ижил чадвартай хүмүүс эргэн тойронд олон байна. Чи сайн ажиллавал түүнийг чинь үнэлдэг нийгэмд амьдарч байгаа нь сайн хэрэг.

Миний анзаарснаар манайхан өөрийгөө гадныхнаас доогуур тавьдаг, өөртөө итгэлгүй байдаг нийтлэг сул талтай. Олон хүн өөрийгөө бусадтай адил хэмжээнд байна гэж ер төсөөлдөггүй. Би хүнтэй ажил ярихдаа нөгөө хүнтэйгээ яг ижил түвшинд харилцдаг. Гэхдээ энэ нь мэдэхгүй зүйлээ, мэддэг царайлна гэсэн үг биш. Бизнесийн соёлоо бусдын жишигт хүргэн, цэц булаалдаж л амжилтад хүрнэ. Би багаасаа гадаадад амьдарснаар өрсөлдөөнтэй орчныг мэдэрч, бүх зүйл чамаас өөрөөс чинь хамаарна гэдгийг ойлгож авсан гэж болно. Мөн аливаа ажлыг системтэй хийж сурсан.

Би Монголын түүхээрээ маш их бахархдаг. Өргөн уудам тал нутагт амьдардаг болоод ч тэр юм үү монголчууд шинэ орчин, дэвшилтэт техникт их хурдан дасдаг, дор нь хэрэглэж сурдаг, задгай, чөлөөтөй сэтгэлгээтэй. Гадаад хэлийг хурдан сурдаг. Түүнээс хүмүүс хоорондоо адилхан гэдэг биз дээ. Хөрөнгө оруулагч бүр Монгол Улсыг сайн мэдэхгүй. Тэд танаар дамжуулж мэдээлэл авна. Хэрэв та өөртөө итгэлтэй байж, тооцоо судалгаагаа стандартын дагуу хийсэн бол хөрөнгө оруулагчийн итгэлийг татаж чадна.

-Та орос хэлээ ашиглаж байна уу?
-Өдөр тутам ашигладаггүй. АХБ-нд ажиллаж байхдаа Казахстан, Узбекистан гэх мэт улсуудад эрчим хүчний төслүүдийг хариуцсан юм. Тэр үед багадаа сурсан орос хэл их хэрэг болсон. Ер нь гадаад хэл их чухал. Өнөөгийн нөхцөлд монгол хүн дор хаяж дөрвөн гадаад хэл мэддэг байж л өрсөлдөх чадвартай болно. Би монгол, англи, орос хэлээр бусадтай харилцаж байгаа ч энэ нь хангалтгүй байгаа өөрийнхөө туршлагаас дөрвөн хэл гэж байгаа юм. Англи хэл бол ойлгомжтой. Дээр нь хөршүүдийнхээ болон Япон, Солонгос, Франц хэлний аль нэгийг сурах нь бидэнд хэрэгтэй. Мөн гадаад хэл ашиглах хэрээр сэтгэлгээ задардаг байх.

Сингапур, Швейцарь гэх мэт жижиг улсууд өндөр хөгжсөн жишээг бид их ярьдаг. Тэнд ажиллаж, амжилтад хүрсэн хүмүүсийг харахаар дандаа олон хэл эзэмшсэн байдаг. Монгол Улс жижиг арал хэвээр үлдэхгүй, Азийн хөгжсөн эдийн засаг болно гэвэл бусадтай илүү харилцан уялдах шаардлагатай. Үүнийг хүн хоорондын харилцаа л урагшлуулна, хөгжүүлнэ. Монгол хэлийг бусад орны иргэд сонирхон сурах нь ховор болохоор бид л гадаад хэл эзэмшихээс өөр гарцгүй.

Мэдээллийн технологийн өнөөгийн эринд олон улсын харилцааны чиг хандлага их өөр боллоо. Зөвхөн дипломатч нар элчин сайд байхаа болив. Жишээ нь би ажлын гараагаа эхлүүлснээс хойших 20 жилийн хугацаанд байнга Монголын “элчин сайд” байсан гэж боддог. Яаж Монгол руу хөрөнгө татах, ямар шинэ бизнес эхлэх, хөрөнгө оруулагчдыг яаж Монгол руу уриалан дуудах вэ гэж дандаа бодож явдаг. Монгол хүнд итгэж болох юм байна гэсэн сэтгэгдэл, ойлголтыг төрүүлэх их чухал. Иймд биеэ авч явахаас эхлээд олон зүйлд анхаардаг.

Бизнес нь тогтворжин, дараагийн буюу ахисан түвшинд гарч, гаднын компаниудтай хамтран ажилладаг бүх бизнесмэн Монголыг аль нэг оронтой холбож эхэлсэн цагаас “элчин сайдын” үүрэг гүйцэтгэдэг. Би Монголын бизнесүүдээр их бахардаг. Биднийг хүүхэд байхад Монгол ямар байсан билээ дээ. Компаниуд олон улсын стандартын дагуу үйлдвэрлэл, үйлчилгээ эрхэлж байна. Бид дэлхийн түвшний үйлчилгээнд хурдан дасч байна.

 

МОНГОЛ ХҮН ДОР ХАЯЖ ДӨРВӨН ГАДААД ХЭЛ МЭДДЭГ БАЙЖ Л ӨРСӨЛДӨХ ЧАДВАРТАЙ БОЛНО

-Та хэзээнээс хөөрөг барих болов? Байнга авч яваа харагддаг.
-Анхны хөөргийг аав маань их сургуульд Америкт сурч байхад өгсөн юм. 2010 онд Монголд нүүж ирээд, 2011 оны Цагаан сараар золголоо. Зарим хүн намайг “явуулаад” хөөрөг чинь танд жаахан багадаад байгаа юм уу даа гэсэн. Тэгээд морины сийлбэртэй энэ хөөргийг Америкийн эртний эдлэлийн дэлгүүрээс авсан юм. Ээж даалинг нь оёж өгсөн. 2012 оноос хойш энэ хөөргийг тогтмол барьж байна. Хөөргөө гээж ч үзсэн. Анх хэрэглэж эхлэхдээ энд тэнд мартчихдаг байв. Нэг хэсэг хамрын тамхины “амтад” орсон. Ажил ихтэй үедээ их татдаг байв. Кофе уугаад ч сэргэхгүй болсон үед хамрын тамхи анхаарал төвлөрөхөд тусалдаг.

Манай зарим найз мэндлэхээсээ өмнө л алив тамхиа гэдэг юм. Хөөрөг ер нь хэрэг болдог шүү. Танихгүй хүнтэй уулзаад шууд ажил ярилтай биш. Тамхилаад, мэнд усаа мэдэлцэхэд нэмэртэй, харилцааны нэг хэрэгсэл юм. Бидэн шиг хөөрөг зөрүүлж мэндлэх соёлыг би өөр газарт лав хараагүй.

-Бизнэс эрхлэгч болоогүй бол та ямар ажил хийх байсан бол?
-Багад аав ээж хоёр намайг НҮБ-ын байгууллагад ажиллаарай гэж их ярьдаг байсан. Энэ замаар л явах байсан болов уу.

-Таныг сагс сайн тоглодог гэж сонссон. 
-
Монголд байхдаа хөл бөмбөг их тоглодог байсан ч Америкт очсон чинь Америкууд хөл бөмбөг бараг сонирхдоггүй байсан. Хөл бөмбөгийн ДАШТ-ийг эх орондоо зохион байгуулсны дараа л энэ спорт тархсан. Тэнд сагсан бөмбөг, америк хөлбөмбөг, бэйсбол илүү алдартай. Багадаа НБА (NBA) оддыг Монголд авчирна гэж мөрөөддөг байж. 2011 онд тухайн үеийн супер од Дуайт Ховардыг Монголд урьж, хүүхэд залуустай уулзуулж, жижиг мөрөөдлөө биелүүлсэн.

Би одоо ч долоо хоногт хоёр удаа сагс тогтмол тоглодог. Хөдөлгөөний дутагдлаас сэргийлж бас стресс тайлдаг болохоор тоглодог. Хөл бөмбөгийг бол харж баясаж байна даа.

АЗИЙН СУПЕР СҮЛЖЭЭ ТӨСЛИЙГ ОЙРЫН ТАВАН ЖИЛД ЭХЛҮҮЛЭХЭЭР АЖИЛЛАЖ БАЙНА

-Одоо та ямар төсөл дээр ажиллаж байна вэ?
-Би Монгол эрчим хүч экспортлогч орон болно гэсэн мөрөөдөлтэй, зорилоготой. Өвөг дээдсээс бидэнд үлдээсэн өргөн уудам газар нутаг дээр шинэ мэдлэг, шинэ технологийг нийлүүлж чадвал эрчим хүчээ худалдаж болно. Энэ ажилд дийлэнх цагаа зарцуулж байна.

-Азийн супер сүлжээ бий болох магадлал хэдэн хувь бэ?
-100 хувь. Бид давуу талаа ашиглах ёстой. Бизнес хийж буй хүн сэргэлэн байх ёстой. Эрчим хүч бидний байнгын, суурь хэрэглээ. Цахилгаан тасрахад юу болдог билээ? Цахилгааны хэрэглээ нэмэгдэнэ үү гэхээс багасахгүй. Азийн супер сүлжээний гол давуу тал нь оролцож буй улс бүрт ашигтай. Хэн нэг нь ялаад, нөгөө нь ялагдах тухай асуудал биш. Харилцан хамаарлыг бий болгож чадвал Монгол бусадтай хөл нийлүүлэн алхах нэг нөхцөл бүрдэнэ. Нар, салхи хаа сайгүй ч Монголд сэргээгдэх эрчим хүчийг 20-30 хувв хямд үйлдвэрлэх боломжтой. Энэ бол манай газар нутгийн давуу тал. Манай эдийн засаг дахин нэг тулгуур баганатай болж, ирэх 15-20 жилд манай ДНБ гурав дахин өсөх боломж юм.

Надтай хамт Монголын анхны салхин станцыг хамтран босгосон залуучууд одоо дэлхийн хаана ч ажиллах чадвартай инженерүүд болсон. Энэ салбарын мэргэжилтнүүдээ бид өнгөрсөн арван жилд боломжийн түвшинд бэлдээд байна.

Мөн бид хөршүүд, хоёр Солонгос, Япон улстай найрсаг харилцаатай. Хамтын ажиллагааг эхлүүлэхийн тулд эхлээд стандартуудаа нэгтгэх шаардлагатай. Эрчим хүч наймаалцах гэж байгаа бол ямар дүрмээр тоглохоо тодорхой болгох нь зөв. Бусад улсуудтай тохиролцохын сацуу дотоодод хийх ажил ч их байна.

Азийн супер сүлжээ үүсгэх санаачилгыг эрчим хүчний компаниуд өөрсдөө гаргаж судалсан. Тэгээд улс төрийн түвшинд дэмжвэл энэ зах зээл бэлэн болно гэж үзэж байна. Доороос буюу ажил хэрэг болгодог хүмүүс эхлүүлсэн нь энэ санаачлагын давуу тал. Иймд Ерөнхийлөгч Х.Баттулга анхаарал хандуулж, надад энэ ажлыг нэг шат ахиулах үүрэг хүлээлгэсэн. Бидний хувьд ойрын таван жилд эхлүүлэхээр зорин ажиллаж байна. Монголд сэргээгдэх эрчим хүчний тоног төхөөрөмжийг ч үйлдвэрлэх боломжтой. Харин дотоодын эрчим хүчний хэрэглээгээ бүрэн хангаж чадахгүй байж, юун экспорт гэсэн сэтгэлгээг л давах хэрэгтэй байна. Учир нъ экспортлоод эхэлвэл ирээдүйд бид хамгиин хямд, хамгийн цэвэр эрчим хүч хэрэглэх боломжтой.

Дотоодын эрчим хүчний хэрэглээгээ бүрэн хангахын тулд зайлшгүй хөрөнгө оруулалт хийж, шинэ станц, сүлжээ барих шаардлагатай. Тэр хөрөнгө оруулалтыг тарифаар нөхнө. Тэгэхээр богино хугацаанд цахилгааны үнэ өсөхөөс өөр аргагүй. Харин ч манайд цахилгаан боломжийн үнэтэй байна. Хүмүүс цахилгааны үнэ өслөө гэхээр бухимддаг ч та хэдэн төгрөгийг сард төлдөг вэ гэж асуухаар ихэнх нь мэддэггүй. Шинэ орон сууц барья гэхээр цахилгаан нийлүүлэх хүчин чадал байхгүй. Хэрэглээ хүчин чадалдаа тулчихсан. Цахилгааны тарифыг нэмэхэд мэдээж хүн бүр дуртай биш. Миний өмнө нь ажиллаж байсан улсуудад засгийн газар нь үнээ нэмэхгүй байсаар сүүлдээ эрчим хүчний систем нь ачааллаа дийлэхээ больж, цахилгаан нь тасарч эхэлсэн. Тэгэхээр хүмүүс нь арга буюу дизель мотор асаадаг. Хэрэглэгчид найдвартай цахилгаан хангамж их чухал. Нэлээн хэдэн сарын өмнө Улаанбаатарт амралтын өдөр цахилгаангүй хэдэн цаг болоход юу боллоо доо. Шинэ орон сууцнуудын ус мөн тасарч, цахилгаан шат нь зогсон, олон хүн бухимдсан биз дээ.

ДЭЛХИЙД ХАМГИЙН ИХ НОГООН ЭРЧИМ ХҮЧ ХЭРЭГЛЭЖ БАЙГАА УЛС НЬ МОНГОЛ

-Эрчим хүч худалдах, худалдан авах тухай гэрээнд төлбөрийг ам.доллараар заасан. Яагаад төгрөгөөр тогтоогоогүй юм бэ?
-Хувийн хэвшил бүрэн эрсдлээ хүлээгээд ам.доллараар хөрөнгө оруулалт хийж, нар салхины станцууд барьж байна. Иймд зардлаа нөхөхийн тулд ам.доллартай төлбөрийг уяж гүйцэтгэдэг. Бусад улсад ч ийм жишиг бий. Зах зээлийн харилцаанд орохоос өмнө хүмүүс цахилгаандаа бага мөнгө төлдөг байсан болохоор гэрлээ асаалттай орхидог байв. Хэдий одоо ч үйлдвэрлэдэг өртгөөсөө бага үнээр нийлүүлж байгаа ч хүмүүс мэдрэг болж, цахилгаанаа хэмнэж эхэллээ.

Уг нь цахилгааны үнийг үе шаттай чөлөөлөх УИХ-ын шийдвэрүүд аль 2000 оноос гарчихсан. Гэвч бүрэн хэрэгжүүлж зориглохгүй л байна. Эрчим хүчний нэг онцлог нь энэ салбар бусад салбараас түрүүлж алхан, үйлдвэрлэл үйлчилгээ гэх мэт бусад салбарыг араасаа чирж, хөгжүүлдэг учиртай. Хэдий бид хямд цахилгаан хэрэглэж байгаа юм шиг харагдавч өртөг, үнийн зөрүүг нөгөө халааснаасаа төлдөг гэдгээ маш сайн ойлгох хэрэгтэй. Цахилгаанаа өртгөөс нь бага үнээр хүргэж байгаа бол зөрүүг нь та татвараараа төлдөг.

-Сэргээгдэх эрчим хүч үйлдвэрлэгчдийн өмнө тулгардаг нэг бэрхшээл нь үйлдвэрлэсэн бүх эрчим хүчээ шугам сүлжээнд нийлүүлж чаддаггүй. Энэ байдал хэвээрээ юу?
-Энэ бол жижиг зовлон. Сүлжээгээ өргөтгөх, шинэ технологи нэвтрэх хэрээр энэ асуудлыг шийдээд явна. Сэргээгдэх эрчим хүчийг засгийн газраас бодлогоор дэмжсэн учраас бид өдий зэрэгтэй байна. Энэ бодлого тууштай байх ёстой. Уул уурхайн дараа гадаадын хөрөнгө оруулалтыг хамгийн их татсан салбар боллоо. Засгийн газрын ямар ч баталгаагүйгээр хагас тэрбум ам.долларыг энэ салбар руу хийсэн. Дэлхийд хамгийн их ногоон эрчим хүч хэрэглэж байгаа улс нь Монгол.

Олон улсын хуралд оролцохоор биднийг их магтана. Хүн амынх нь тоогоор харвал бид сэргээгдэх эрчим хүчийг хамгийн олуулаа хэрэглэж байна. Хөдөө айл бүр нарны эрчим хүч ашигладаг. Хэрэглээний зардал бага тул нарны хавтангүй айл хөдөө байхгүй. Сэргээгдэх эрчим хүч хөдөө аж ахуйн дараа манай эдийн засгийг өөд нь татах салбар болно гэдэгт би бүрэн итгэдэг. Гэхдээ ойрын зовлонгоор холын зорилгоо булингартуулж болохгүй.

-Эрчим хүчний яамнаас Сэргээгдэх эрчим хүчний шинэ хуулийн төсөл боловсруулж байна. ААН-үүд өөрсдөө судалгаагаа хийж, станц барих байршлаа сонгоод, тусгай зөвшөөрөл авах хүсэлт гаргадаг. Харин шинэ хуулийн төсөлд ААН-ийн санаачилга дээр үндэслэн төсөл хэрэгжүүлэхгүй. Төр хаана ямар хүчин чадалтай станц бариулах захиалгаа өгнө. Тендер зарлана. Хамгийн боломжийн санал өгсөн компани төслийг хэрэгжүүлэх юм билээ. Энэ өөрчлөлт танай салбарт ухралт авчрах уу эсвэл урагшлуулах уу? 
-Заримдаа бид хэт том зах зээлийн туршлага, арга барилыг нэвтрүүлж, тэр нь манай хөрсөнд тохирохгүй, аль ч үгүй болох тохиолдол бий. Баруун Европ, Ойрхи Дорнодын орнуудынх шиг олон зуун гигаваттын хэмжээний хэрэглээтэй, том зах зээлд том компаниуд үнээр өрсөлдддөг. Бидэн шиг хоёрхон гигаватын хэрэглээтэй жижиг зах зээлтэй оронд тохирох эсэхийг сайн судлах шаардлагатай. Гаднын зөвлөхийн хэлсэн болгон зөв байдаггүй. Энэ салбарыг хөл дээр нь босгох гэж улс бүр өөр өөрийн загварыг туршсан. Одоо бидний мөрдөж буй загвар буруу байсан бол АНУ, Европ, Японоос хагас тэрбум ам.долларын хөрөнгө оруулалт оруулахгүй шүү дээ. Хувийн хэвшил энэ салбарт манлайлж байгаа нь зөв жишиг юм.

-Ярилцсанд баярлалаа.

Эх сурвалж: http://news.gogo.mn/r/240336?fbclid=IwAR2X8kUZGTIETeIEpPC3TOZRU6OC74C9U72j6jmX0NasdHfd_mp3s-G5qdk

BCM 2018 November Monthly Meeting: Panel Meeting On Economic Corridor Between Mongolia, Russia, And China

BCM 2018 November Monthly Meeting: Panel Meeting On Economic Corridor Between Mongolia, Russia, And China

The Business Council of Mongolia’s monthly meeting was held on Monday, 12 November 2018, at the Ministry of Foreign Affairs with BCM Chairman B.Byambasaikhan hosting for an audience of around 80 members.

PRESENTATION BY AMBASSADOR-AT-LARGE N.CHIMGUUNDARI: “CURRENT STATUS OF THE ECONOMIC CORRIDOR, THE RESEARCH CENTER BASED IN ULAANBAATAR AND ITS ROLE”

Click here to view the full presentation.

Back in June 2016, the Mongolia, Russia, and China signed an agreement to implement an Economic Corridor comprising 32 projects, including 13 infrastructure projects, as regional connectivity is the main purpose of the initiative. This proposed Economic Corridor is one of the six routes in China’s Belt and Road initiative and is in alignment with Mongolia’s Development Program, and Russia’s Eurasian Economic Union. 

Priority projects of the 32 overall include a central railway corridor and the road transit corridor (Asian Highway-3). The third priority project is an energy transmission corridor.
To implement these projects, the three countries have agreed to establish the Joint Center for Investment Planning and Projection based in Ulaanbaatar. A draft document setting up the joint center is under discussion among the three countries.

The first objective of the joint center is to facilitate smooth and effective implementation. It will also conduct research and suggest more projects to be implemented, as well as serve as a focal point for private sector engagement with the Economic Corridor. The Center will study proposals from the private sectors of the three countries and make decisions on potential contractors of the 32 projects.

Another important aspect of the Center, especially in the earlier stages, is the establishment of a database of the projects, with potential investors and private sector stakeholders. It will also facilitate coordination between line ministries.

Essentially, the Center is expected to become a single-window solution for public-private partnerships and engagements.

Lastly, although this is a trilateral initiative, investment and engagement from third parties are welcome.


PANEL DISCUSSION ON THE ECONOMIC CORRIDOR


After the presentation, the panel discussion took place, with Chairman Byambasaikhan serving as the moderator. On the panel were:

  • Dr. V.Enkhbold, Director-General of the Foreign Trade and Economic Cooperation Department of the Ministry of Foreign Affairs
  • L.Khangai, Ambassador
  • D.Bayarkhuu, Ambassador
  • A.Batbold, Director-General of the Railway and Maritime Transport Policy Implementation and Coordination Department of the Ministry of Road and Transportation Development
  • Maxim Vasiliev, Trade Office Representative of the Russian Federation
  • Chairman Yang Xiaoqi, “Zun Hua” Chinese General Chamber of Commerce in Mongolia
  • N.Chimguundari, Ambassador-at-Large

Statement by V.Enkhbold:
The government is paying great attention to this initiative, especially given the fact that Mongolia is a land-locked nation.

There is one key issue, which is that progress on this initiative has been slow, even slower than expected. This is related to the fact that decisions must be made by the unanimous consent of the three countries. In Beijing, it was decided that there shall be an investment and research center based in Ulaanbaatar. This is a trilateral mechanism, not a Mongolian initiative.

At the Moscow meeting in August, what organizations are to represent the respective countries were decided. The Ministry of Foreign Affairs of Mongolia will represent Mongolian interests in the partnership.

As of now, three priority projects of the 32 have been selected: the railway corridor, road corridor, and power transmission corridor.

In September at the Eastern Economic Corridor in Vladivostok, an MoU was signed by which each of the organizations representing the countries will establish a working group, and work has begun on studies to establish the joint research center.

A program has been suggested from the Mongolian side, and the Chinese and Russian side will suggest additions or modifications. As mentioned before, any actions or decisions must be under trilateral consensus.

Continuation of discussion by Maxim Vasiliev
In Beijing, Russian Ambassador Denisov remarked how cooperation between the three has been remarkable, despite the need for trilateral consensus.

The Russian side agrees that Mongolia certainly provides comparative advantages, as Mongolia and the trilateral corridor are a part of Russia’s ambition to increase trade turnover with China to USD 200 billion.

Regarding infrastructure development in Mongolia, the infrastructure and capacity of Ulaanbaatar Railway must be improved significantly, Mr. Vasiliev said. Russia aims to help Ulaanbaatar Railway triple its capacity over the coming years.

“This is not some wishful thinking of the three states,” he said. The economic foundations are self-evident, he added. “China and Russia are the economies, and Mongolia is the corridor.”
Russia and China are relying on Mongolia to ensure the healthy business environment necessary for such a major initiative. Russian state-owned enterprises and private companies are ready to cooperate with Mongolia and China on Mongolian soil. This entails not only transport, and imports or exports, but also other sectors such as tourism.

Question for Mr. Yang: The Belt and Road initiative provides great opportunities for Chinese and other businesses. Would you please say a few words regarding opportunities for businesses to be involved?

Given the importance of this Economic Corridor, the Chinese side will work with businesses to implement the goals under the overall Belt and Road initiative. The Chinese government also seeks to expedite the works of the trilateral partnerships and is willing to support Mongolian businesses to realize the objectives.

One major issue is the speed at which goods are transported, especially at the border. Expanding trade connections (railway, roads) with Russia is also an important part of Chinese foreign trade objectives. Transportation, whether by land, air, or sea, has been an integral part of China’s rapid economic growth.

From the Chinese side, the central railway corridor between the three countries is of utmost importance. The infrastructure and capital of Ulaanbaatar Railway is very outdated. The methods of loading and transportation are too outdated. If possible, a trilateral solution to this problem would greatly benefit the domestic situation in Mongolia. If the standards were improved and brought to alignment with Chinese standards, Mongolia’s economy would greatly benefit.

In the future, the Chinese side will continue to support the activities of organizations such as BCM, as well as other state organizations involved in the realization of the trilateral corridor, said Mr. Yang. In addition, he also agreed that implementation has been slow and that we should do more to hasten results. Getting started on infrastructure development will do much to benefit SMEs in Mongolia.

State-owned enterprises, as well as private firms, could perhaps these discussions, as it may help to bring about faster progress.

Statement by A.Batbold
Working groups have been conducting various studies since the signing of the agreement to establish the Economic Corridor in Tashkent in 2016. More so than quick development, the right development is key. Technical alignment (or harmony) is a key issue. Mongolia does not want to be the bottleneck in the corridor. The key problem lies here, and there is no way around it. There is a dire need to improve capacity in Mongolia, starting with capacity upgrades to Ulaanbaatar Railway.

Experts are engaged in high-level discussions regarding solutions to the railway issue, as well as upgrading road capacity.

Statement by D.Bayarkhuu
There is no question concerning benefits to Mongolia. It has been four years since Mongolia proposed the “Steppe Road” program, which has not seen one kilometer of progress.

How are the Chinese seeing Mongolia? China has not proposed a project and just left it. They are carefully monitoring progress, seeing who is leading initiatives from what country. Over the past two months, Latin American and African countries have even expressed their desire to be involved in the Belt and Road. By now, around 100 countries are in some way involved in the Belt and Road initiative.

Of the four categories in evaluating 63 Belt and Road partners, Mongolia is rated better than one might expect, being rated as having positive indicators. Regarding political agreement, the rating was 9.6/10. However, the infrastructure rating was below 5.

“The Chinese side has laid all their high cards on the table,” said Mr. Bayarkhuu, in a metaphor using playing cards. Basically what the Chinese are relaying is that if their production and you can export it, then the Chinese are ready to buy just about anything. “But look at the composition of Mongolian exports,” he dismayed.

Statement by L.Khangai
Discussions on the Economic Corridor should happen frequently. The question of the Economic Corridor is a question of infrastructure. Mongolia is a vastly wealthy nation in terms of resources, and China is the biggest market with the biggest population. The logical conclusion of this must be resolved through investment in infrastructure. “The real mega projects must be in infrastructure.”

The program for the Economic Corridor is agreed on for 5 years at a time. Since 2016, a couple of working groups have met, and some agreements have been signed, but nothing really substantive has been achieved.

Article 5 of the program points out the organizations responsible for cooperating to achieve the objectives of the trilateral corridor. They are also tasked with organizing a conference at least once a year. “The Ministry of Foreign Affairs has not worked well when it comes to its responsibilities under the trilateral agreement,” he stated.

“I believe it would be better to involve businesses and investment firms, more so than government bodies,” he added. Erdenes Mongol being involved is a good idea, as well as banks. Erdenes Mongol is state-owned yet has the capitalization and capacity to undertake such major involvement on behalf of Mongolia. From the Russian side, there could be companies such as Gazprom. Russia wants to represent Eurasian interests. As such, the Eurasian Development Bank being involved would be good.

Similarly, from the Chinese side, there should be an analogous large company that engages in a wide range of activities.

Only by doing so can this joint research center be successful. Studying and deciding what projects to prioritize should not be the decisions of ministries, but rather the joint research center.


Q&A

Question to Mr. Bayarkhuu and Mr. Khangai: At what stage is the progress on Mongolia joining the SCO?

Mr. D.Bayarkhuu
People wrongly believe that the SCO is an integration platform. In my opinion, I believe it is better to continue under an Observer status in the SCO. Since the recent public discussion regarding Mongolia becoming a member of the SCO, not much has changed for Mongolia. Azerbaijan has applied to be an Observer, and Saudi Arabia has also applied.

Mr. L. Khangai
Mr. Bayarkhuu wrote an article for baabar.mn a few days ago titled “Expectations.” I suggest people read this article. (Click here to read the article he is referring to - Mongolian only)

Question for Mrs. Chimguundari: Regarding the central railway corridor, I saw a map regarding possibilities to connect Khuvsgul and Bulgan Province to the railway. There are various ports which are underutilized. I believe connecting these to the transport corridors will be good for Mongolian exports. What are your thoughts on this?

Mrs. N.Chimguundari
This is more a question of domestic railway capacity. Mr. Batbold from the Transport Ministry will better answer your question.

Mr. Batbold
The Transport Ministry is talking with the National Development Agency in producing a national transport development policy. As Mrs. Chinguundari stated, there are 32 projects, but we must decide which, when, and how to start projects based on economic feasibility. Railways require a great amount of investment. For example, the railway for Aspire, one kilometer of railway requires about USD 3 million. Regarding the economic corridor, we are talking thousands of kilometers of rail.

Mr. L.Khangai
The first question regarding establishing the railway is what will be transported and to where. There was a feasibility study regarding the route you asked about, spanning about 800 km in Mongolia. This route would be connected into Russian networks all the way to Kyzyl, so the question is, is there going to be cargo?

Question for Mr. Bayarkhuu: You introduced a report by the Chinese on the Belt and Road. Where can we find this report?

The source can be found referenced in my book which was published recently.

Question for Mrs. Chimguundari: Is there an approximate timeline for when the joint research center is to be established.

In the MoU signed in September, it is stated that the establishment of the research center is to take place when the first project is begun. So the timeline is related to the implementation of the project. When the first project begins to be implemented, that is when the joint research center will be established.

BCM October Monthly Meeting

BCM October Monthly Meeting

The Business Council of Mongolia and the Finnpartnership successfully organized the BCM’s October Monthly Meeting on 3 October 2023 on the topic of “Doing Business in Finland”. This monthly meeting focused on Finnpartnership, Finland's current economic situation, and opportunities in the mining, energy, and forestry sectors. This meeting featured presentations by the Embassy of Finland in Bejing, Business Finland China, Finnpartnership, Onch & Company, and Finnish companies that came to Mongolia. We would like to extend our gratitude to our keynote speakers, companies who shared their valuable insights, and the BCM's Board Member Neil Young for chairing the meeting. October Monthly Meeting’s speakers and companies:

Neil Young, Member of the Board of Directors of the BCM 
Tommi Jämsä, Desk Officer, Embassy of Finland in Beijing
Birgit Nevala, Programme Director, Finnpartnership
Marko Tiesmäki, Country Director, Business Finland China
Elsa Nyman, Programme Officer, Finnpartnership
Tuvshin Javkhlant, Tax Director, Onch & Company  
Eelis Hemberg, Programme Officer, Finnpartnership

Normet LLC
Planora LLC
Epse LLC
Suokone LLC
Sera Helsinki LLC

No alt text provided for this image

No alt text provided for this image

No alt text provided for this image

No alt text provided for this image

No alt text provided for this image

No alt text provided for this image

No alt text provided for this image

No alt text provided for this imageNo alt text provided for this image

No alt text provided for this image

 

 

BCM Monthly Meeting Recap 20 March 2023

BCM Monthly Meeting Recap 20 March 2023

 

BCM
BCM Monthly Meeting Recap
23 March 2023


BCM MARCH 2023 MONTHLY MEETING RECAP 

The Business Council of Mongolia (BCM) held a Monthly Meeting on Monday, 20 March 2023 on the topic of “Managing Corporate Finances in a Risky Environment,” with BCM Chairman Ts. Tumentsogt hosting for an audience of around 60 people at the Shangri-La Hotel.

The BCM recently signed a Memorandum of Understanding with the Annual Investment Meeting (AIM) based in the United Arab Emirates. On this upcoming May 8-10, the BCM will lead a delegation to the annual forum held in Abu Dhabi. Members are encouraged to attend and seek investment and partnerships at the forum, which saw over 20,000 attendees last year. Contact the BCM Secretariat for more information.

On June 26-29, the 2023 World Export Development Forum (WEDF) will be held in Ulaanbaatar. The WEDF is the flagship event of the International Trade Centre. This year marks the 20th iteration of the forum, and the first since the Covid pandemic. Click here for more information.
 


Ganbold Enkhtaivan, Deputy Governor of the Bank of Mongolia

Following updates from the BCM, Bank of Mongolia Deputy Governor Mr. Ganbold ENKHTAIVAN gave a presentation on Mongolia’s economic outlook. In February, inflation stood at 12.3 percent, which shows cooling from the highest figure of 16.8 percent reported in June 2022. Although inflation is slowing, it is still too high, but the BoM believes it will fall to single digits by the end of 2023, most likely in Q4. Preliminary estimates for balance of payments showed a USD 727 million deficit. The only way to address is to ramp up exports. Thus, the BoM’s two main areas of focus in 2023-24 will be inflation and balance of payments. Forex reserves stood at about USD 3.5 billion at the end of 2022.
 


Randolph Koppa, Chairman of TDB

Next up, Mr. Randolph KOPPA, Chairman of Trade and Development Bank and BCM Board Member, gave attendees a quick lesson in corporate finance. Bank failures in the U.S. and elsewhere caused a sharp decline in global banking shares, with some fearing a contagion. However, it is not at a level to cause panic, said Mr. Koppa. Given especially the niche features of banks such as Silicon Valley Bank and Signature Bank, Mongolian banks will not be significantly impacted by the development. Mongolian banks generally hold few MNT government bonds, don’t dabble in crypto, have a broad customer base, high liquidity, and FX availability is slowly improving. However, Mr. Koppa gave three recommendations to mitigate risks. Stay liquid: secure funding before embarking on major projects. Go green: companies looking to expand or diversify should look into green financing. Stay ready: prepare for the better, as household consumption is increasing, and services and other non-mining sectors should continue to recover.

Following the presentations, a panel discussion on the topic of “Practical Cases on Risk Mitigation” was held. Moderated by BCM Chairman Mr. Tsevegmid TUMENTSOGT, on the panel were:

  • Mr. Ganbold ENKHTAIVAN, Deputy Governor, Bank of Mongolia
  • Mr. Adilbish GANKHUYAG, CEO, Premium Group
  • Mr. Randolph KOPPA, Chairman of the Board of Directors, Trade and Development Bank
  • Mr. Jon LYONS, Vice President Projects, Erdene Resource Development Corp.
  • Mr. Gumenjav TSEVEGJAV, CEO, XacBank

A recurring sentiment during the discussion was that inflation and exchange rate depreciation is nothing new for Mongolia, as such a situation has generally been the case for the past 30 years. Panelists also noted that Mongolia was dealt simultaneous blows to foreign trade with the pandemic, China’s zero-Covid policy, and the war in Ukraine. The biggest issue on the minds of business leaders in the coming years is going to be exchange rate risks. Around 80 percent of USD comes into Mongolia through exports. With a balance of payments deficit, exchange rate correction is the only option. This presents a major risk especially to businesses that deal solely in MNT. One area of disagreement was on the topic of monetary policy vs. fiscal policy. Some may say that there is too much interrelation between the central bank’s monetary policy and the government’s fiscal policy, while others may hold that close coordination is necessary to tackle inflation and foreign exchange rates. However, panelists agreed unanimously that the overall risk profile today is definitely less than in recent years.

After the panel, Ms. Bojoo LAKSHMI, Director of the Economic Policy and Competitiveness Research Center (EPCRC), briefed the audience on Mongolia’s ranking in the IMD World Competitiveness Report. The EPCRC is a non-profit research organization established in 2010.

Bojoo Lakshmi, Director of the EPCRC

Mongolia is ranked 61 out of 63 countries surveyed in the report, which has 333 indicators among 4 categories. Mongolia ranks poorly in economic health, business profitability, infrastructure, and governance efficiency. The country ranks high in trade index, tax rate, unemployment, banking services, and communications investment. Furthermore, the overall score for Mongolia has been declining for the past five years. In addition, Ms. Lakshmi calls on everyone to fill out the 2023 survey. Evaluating the economy regarding competitiveness sends an important message to government officials and media.

Last but not least, the BCM handed membership certificates to four new members:

Photos from the meeting and networking event can be found from the BCM's Facebook page. Follow the BCM to receive updates and info.

More information can be found from the Editor's notes and presentations linked below.

Links:
  1. Editor's notes (English)
  2. "Current state and outlook of Mongolia's economy" (Mongolian) by Ganbold Enkhtaivan, Deputy Governor, Bank of Mongolia
  3. "Risk aversion and Funding" (English) by Randolph Koppa, Chairman of TDB and BCM Board Member
  4. "Mongolia in the World Competitiveness Report" (Mongolian) by Bojoo Lakshmi, Director, Economic Policy and Competitiveness Research Center
 
BCM Monthly Meeting Recap 1 February 2023

BCM Monthly Meeting Recap 1 February 2023

BCM
BCM Monthly Meeting Recap
1 February 2023


BCM JANUARY 2023 MONTHLY MEETING RECAP 

The Business Council of Mongolia (BCM) held a regular Monthly Meeting in cooperation with URECA on 31 January 2023 on the theme “Future-proofing your business in an increasingly net-zero world,” with BCM Chairman Ts.Tumentsogt hosting for an audience of around 120 attendees.

In his opening remarks at the first meeting of 2023, Chairman Tumentsogt noted that last year, the BCM organized over 60 Monthly Meetings, Knowledge Sharing Sessions, and Networking Events, and also sent out 50 NewsWires and 2 macro-economic updates. He also emphasized that the business community has an essential role to play in addressing climate change. It is a matter of the long-term growth and health of our businesses.

Ms. Bayasgalan Onon

Ms. Bayasgalan Onon, Chief Sustainability Officer at URECA, delivered a presentation answering the question “Why all this hype over climate change?” Many people still regard climate change as something not relevant to them personally. Not only will climate change ensue direct, physical risks on businesses, but there are also the net zero transition effects on the business environment. All trends are moving towards a systemic change – a transition towards decarbonization of economies. Despite global commitment made by over 200 governments to keep global warming below 1.5 degrees Celsius, humanity is still increasing emissions. However, net zero does not mean stopping emissions, but rather offsetting emissions at the same rate that we emit greenhouse gases. By incorporating mitigating strategies into your company’s vision, you safeguard your business, achieve access to finance and license to operate, and you will be on the right side of history.

After the opening presentation, a panel discussion was held on the topic “Finance in the time of climate change – seizing opportunities while saving the planet.” Moderated by BCM Chairman Tumentsogt, on the panel were:

  • Mr. Rufat ALIMARDANOV, Resident Representative for Mongolia, IFC
  • Ms. Byambadorj BILEGSAIKHAN, Senior Business Development and Partnership Manager, Mongolian Sustainable Finance Association
  • Mr. Onon ORKHON, CEO, Trade and Development Bank
  • Mr. Mairambek BATAEV, Principal Banker, EBRD
  • Ms. Galzagd TUUL, Head of Eco Banking, XacBank

International financial institutions are all prioritizing climate action in their policies and lending behaviors. Although the portfolio share of green projects and investments in Mongolia is not as high as across the world, each have specific figures they want to reach by certain dates. The EBRD plans to make its share of green projects more than 50 percent by 2025 (globally). The same goes for commercial banks. For example, TDB seeks to reach net-zero by 2050 not only in operations but also lending policies, and XacBank aims to increase its share of green lending to over 10 percent in the coming 2-3 years. A climate roadmap, green taxonomy, and ESG guidelines have all been developed recently in Mongolia. The market and business opportunities are there, if the right projects can attract investment.

 


Before moving onto the second panel, an introduction video of URECA was shown. Click here to view the video.


A second panel was held on the topic “On the frontlines of climate change – how organizations can lead the fight against climate change.” Moderated by Co-Founder and COO of URECA Mr. Baatartsogt AMAR, on the panel were:

  • Mr. Batsukh ANAND, Senior Advisor, Energy and Climate Change, Rio Tinto
  • Mr. Baatarsaikhan AMARSAIKHAN, Chief Growth and Strategy Officer, Gobi Corporation
  • Mr. Jon LYONS, Vice President of Projects, Erdene Resource Development Corp.
  • Mr. Mark KOENIG, Country Representative, The Asia Foundation
  • Mr. Erdenemunkh UNURBAT, Co-Founder and CTO, URECA

 
Companies large and small are taking the initiative with their own climate policies. For example, Rio Tinto plans to go net zero by 2050 and has an internal carbon price of $75, which is used as a metric to assess project costs. It also plans to overhaul its vehicle fleet and transition to electric vehicles. However, due to the size of heavy-duty copper transport trucks, this will understandably take some time.

Erdene Resource Development Corp. plans to make its flagship project at Bayan Khundii the most water-efficient mining project in Mongolia, perhaps the world, certainly for arid regions. The company will also source a portion of its energy needs from renewables. Mining is vital to the green transition, as the world needs huge amounts of copper for it to become a reality.

As an NGO, the Asia Foundation has a relatively small carbon footprint compared to industries such as mining. Despite that, the Foundation still implements a climate policy. No matter how big or small an organization’s emissions are, it is the collective contribution of everyone that is important, noted Mark Koenig. Another important aspect of climate action is to ensure that the benefits of offsets go to the most vulnerable communities.

Gobi Corporation takes a holistic approach to climate policy. Water, chemicals, pasture management, workers’ rights, ESG, CSR – all these aspects are considered interrelated. Furthermore, Gobi is launching a traceability campaign with KPIs from sourcing to manufacturing. As a vertically integrated business, it is important that everything is accounted for and traced. In the future, a specific scarf will be able to be traced to when, from where, and which specific herder the materials came from.

Following the second panel, Roy Peng, Business Development Manager at URECA, delivered a presentation on “Pathways to becoming a net zero company.” URECA offers an enterprise solution for sustainability. Incorporating ESG is no longer a choice, it is an urgent calling. Companies prioritizing ESG have been empirically proven to have higher returns compared to their counterparts, so it is also a sound economic decision. URECA will provide third-party baseline measurement of carbon footprints, create a decarbonization strategy, use MRV tech (machine learning and AI) to screen current initiatives, and then give access to the URECA market for carbon credits. The marketplace will be B2B as well as B2C.
 

NEW MEMBERS CERTIFICATE RECEIVING CEREMONY

The following organizations are new members of the BCM:
  • ChemTech - Exclusive distributor of Sinochem Agro products and services in Mongolia
  • Faro Foundation - Advancing digital literacy, online safety and more
  • Nito - AI-powered human resources platform for business, tech, and finance sectors - Giving each BCM member company 2 free job postings
  • Buren Score - Lending information service fintech company, accredited by the Bank of Mongolia
  • Bishrelt International - Importer and official distributor of global brands in Mongolia

SIGNING CEREMONY FOR MEMORANDUM OF UNDERSTAND BETWEEN URECA AND THE BCM

Last but not least, a signing ceremony was held for an MoU between the BCM and URECA, agreeing to collaborate to engage BCM members, partners, and stakeholders in promoting the net zero movement and raising awareness among its members and the public.

After the meeting, a networking event was held sponsored by URECA.


Photos from the meeting and networking event can be found from the BCM's Facebook page. Follow the BCM to receive updates and info.

More information can be found from the Editor's notes and presentations linked below.

Links:
  1. Editor's notes (English)
  2. "Why all this hype over climate change?" - by Ms. Bayasgalan Onon, Chief Sustainability Officer, URECA Pte Ltd
  3. Roy Peng's presentation cannot be shared with the public as it contains confidential and proprietary information.
  4. URECA introduction video
 
BCM NOVEMBER 2022 MONTHLY MEETING RECAP

BCM NOVEMBER 2022 MONTHLY MEETING RECAP

 


 

BCM NOVEMBER 2022 MONTHLY MEETING RECAP 

"The Business Council of Mongolia (BCM) held its regular Monthly Meeting on 23 November 2022 at the Shangri-La conference hall on the topic of “Mongolia Economic Outlook 2023.” Around over one hundred guests and members participated.

In his opening remarks, BCM Chair Ts.Tumentsogt noted that the economic growth is forecasted to reach 5.0% in 2023. The two main external factors affecting Mongolia at the moment are China’s Zero-Covid Policy and Russia’s war in Ukraine.
 


The meeting featured four presentation by experts on the topics of: monetary policy, balance of payments, 2023 state budget, and mining-dependent economic volatility.

Director of Monetary Policy at the Bank of Mongolia Mr. B.Bayardavaa informed attendees that global demand outlook continues to decline due to global uncertainty, high inflation risk, and tightening of monetary policy by most central banks. 

Economic volatility based on the cyclical nature of the global mining industry has been a constant issue in recent history. A stability fund that saves revenue during price spikes can mitigate such fluctuations. Foreign investment and project management is key to saving the country's economy, said N.Enkhbayar from the Institute of Strategic Studies. Supply chain issues also persist, and cost of business is increasing, especially regarding transportation and inventory. Inflation in Mongolia was 14.5% in October, but that figure is expected to decline in the coming months. GDP grew by 3.7% in the first three quarters, and aggregate production and demand have reached pre-pandemic levels; however, the mining industry remains below pre-pandemic levels due to border restrictions.

The price of imported goods now account for 53% of inflation, whereas it used to be 30% before the pandemic. Exports of key products have not yet recovered to pre-pandemic levels. Balance of payments has swung into a deficit of 1.4 billion USD as of September 2022, the highest BoP deficit since 2014. Real household income has fallen, with people dipping more and more into their savings to plug the gap in consumption needs. Savings has been declining as a result.

The 2023 state budget is an austerity budget, with around 1.0 trillion MNT in spending slashed. Notorious spending on statues and other unnecessary expenditures have been cut, stated G.Zolboo, Director-General of the Financial and Fiscal Research Department of the Ministry of Finance. No new investments will be made from the 2023 budget. Of the 7.9 trillion MNT planned for over 1,100 projects, 2.9 trillion MNT is allocated for 2023, and around four-fifths of these projects are expected to be commissioned in 2023. The government is also reformed the tax system to have a progressive income tax system with brackets at 10%, 15%, and 20%. Only 1.3% percent of taxpayers will see an increase in their income taxes.

Economic volatility based on the cyclical nature of the global mining industry has been a constant issue in recent history. A stability fund that saves revenue during price spikes can mitigate such fluctuations, said N.Enkhbayar from the Institute of Strategic Studies.


After the informative presentations, a panel discussion was held moderated by B.Dulguun, CEO of the New Recovery Policy Accelerator. On the panel were:

  • N.Enkhbayar, Managing Director Of The Economic Security Research Centre, Institute of Strategic Studies
  • B.Munkh-Erdene, Head Of Balance of Payments Department, Ministry of Economic Development
  • Ts.Tumentsogt, Chair of the BCM
  • G.Zolboo, Director General of Financial and Fiscal Research Department, Ministry of Finance

Panelists discussed issues such as sovereign debt repayment obligations coming in 2023, recent wave of partial IPOs, reform of state-owned enterprise, attracting new investments, and safeguarding current investments.

Photos from the meeting and networking event can be found from the BCM's Facebook page. Follow the BCM to receive updates and info.


More information can be found from the Editor's notes and presentations linked below.

Links:
  1. Editor's notes (English)
  2. "Economic Outlook" (English) - by B.Bayardavaa, Director General, Monetary Policy Department, Bank of Mongolia
  3. Current state of the economy, 2023 projections, and policy direction” (Mongolian) - by B.Munkh-Erdene, Head of Balance of Payments Department, Ministry of Economic Development
  4. Unified State Budget of Mongolia 2023” (Mongolian) - by G.Zolboo, Director General of Financial and Fiscal Research Department, Ministry of Finance
  5. "Mongolian economic growth, FDI, and financing sources” (Mongolian) - by N.Enkhbayar, Managing Director of Economic Security Research Centre, Institute of Strategic Studies 
 
BCM OCTOBER 2022 MONTHLY MEETING RECAP

BCM OCTOBER 2022 MONTHLY MEETING RECAP

 

BCM OCTOBER 2022 MONTHLY MEETING RECAP 

The Business Council of Mongolia (BCM) held a regular Monthly Meeting on 7 October 2022 at the Shangri-La hotel under the theme of digital transformation and the role of the private sector, with around 100 people in attendance. In his opening remarks, BCM Chair Ts.Tumentsogt briefed the audience on current trends in Mongolia and the world regarding digital transformation as well as the current state of Mongolia’s economy in these post-Covid times. He noted that the government’s Vision 2050 policy document reflects digital transformation goals.

The Minister of Digital Development and Communications, Mr. Uchral Nyam-Osor MP, attended the meeting and delivered a keynote speech. This year marks the 100th anniversary of the establishment of Mongolia’s communications sector. Having been recently upgraded form a parliamentary standing committee, the new Ministry of Digital Development and Communications will oversee the sector’s future development. The government seeks to turn Mongolia into a “digital nation.” In this quest, the government seeks feedback from professional associations in its decision-making processes.


N.Uchral, Minister of Digital Development and Communications 


One key principle the government will abide by is not competing with the private sector, the MP stated. Instead, it wants to harness the private sector to achieve its goals. In doing so, the government itself must be a “responsible buyer.” The Minister gave an example of a room full of unused servers that the government bought to illustrate the expense of irresponsible purchases that arise from miscommunication between the government and private sector.

The government seeks to purchase end-products, preferably under a subscription-based method. The Digital Ministry is also going to implement a government procurement “app store,” where organizations can apply for tenders.

In addition to traffic congestion, there is a “bureaucratic congestion” where there is too much red tape and tedious necessities in submitting or receiving state documentation. A bill addressing this will be discussed during the fall session of parliament.

The minister lauded the many startups that have now found stable footing in the business world, adding that the government will continue to support the tech sector through various tax incentives.
 

Ms. N.Enkhjargal, Board Member at Gerege Systems and Vice-Chair of the BCM’s Digital Transformation Working Group, delivered a presentation introducing the Mongolian Diaspora Tech Committee. The committee aims to bring in knowledge and experience from Mongolians abroad who work in the tech sector. In May 2023, it is organizing the “Mongolian Diaspora Tech Summit” in San Francisco.
 

Mr. B.Bayartsengel, CEO of TUSSolution, gave a presentation on their in conducting a systems analysis of digital transformation. Seventy percent of digital transformation projects fail, according to McKinsey & Company. Hence, TUSSolution’s researchers set out to answer the question as to why. As with any big undertaking, systems thinking and systems engineering will be an important tool in digital transformation.

After the speeches and presentations, a panel discussion moderated by Ms. Enkhjargal was held. On the panel were:

  • Mr. Ts.Tumentsogt, Chair of the BCM
  • Ms. N.Oyun-Erdene, Head of the Department of Information and Computer Sciences, National University of Mongolia
  • Mr. B.Bayartsengel, CEO of TUSSolution
  • Mr. S.Bauyrbyek, CEO of Steppe Link

A recurring sentiment among the panelists was the issue of human resources. Not only are organizations competing domestically for the small pool of human resources, but also internationally in this sector. Expanding the pool of qualified people is vital for the sector.

After a lively Q&A with the audience, the meeting was adjourned, and attendees were invited a networking event sponsored by TUSSolution.

Photos from the meeting and networking event can be found from the BCM's Facebook page. Follow the BCM to receive updates and info.

More information can be found from the Editor's notes and presentations linked below.

Links:
  1. Editor's notes (English)
  2. "Mongolia: Business Drivers in a Post-Covid Environment" (English) - presentation by BCM Chair Tumentsogt
  3. "Mongolian Diaspora Tech Committee" (Mongolian) - presentation by N.Enkhjargal, Board Member at Gerege Systems and Vice-Chair of the BCM’s Digital Transformation Working Group
  4. "Digital Transformation from a Systems Perspective" (Mongolian) - presentation by B.Bayartsengel, CEO of TUSSolution
 
BCM SEPTEMBER 2022 MONTHLY MEETING RECAP

BCM SEPTEMBER 2022 MONTHLY MEETING RECAP

BCM SEPTEMBER 2022 MONTHLY MEETING RECAP 

The Business Council of Mongolia (BCM) held a regular Monthly Meeting with the Development Bank of Mongolia (DBM) on 27 September 2022 at the Shangri-La Hotel. The meeting focused on potential solutions to current challenges facing the DBM, such as non-performing loans, debt restructuring, corporate governance, and future business strategies and prospects.

Chair of the BCM Ts.Tumentsogt opening the meeting with a basic introduction to development banks in general and the Development Bank of Mongolia. The five biggest development banks in the world are responsible for around USD 8 trillion in assets, with loans focused mainly on major infrastructure and development projects that regular banks cannot finance. Established 11 years ago, the DBM fills the gap in financing between the private sector and government in Mongolia. From the private sector perspective, businesses want to see more independent, impartial governance, stated Mr. Tumentsogt.

Following some brief opening words by J.Bataa, First Deputy CEO of the DBM, a presentation was given by Ms. S.Murun, Head of the Business Planning and Monitoring Department of the DBM.


S.Murun, Head of the Business Planning and Monitoring Department of the DBM

The DBM has had its ups and downs since its establishment. Shares of the DBM are 100 percent owned by the government. In 2016, a new DBM law was passed, bringing it under the supervision of the Bank of Mongolia.

It has seen repayments of MNT 600 billion since the start of the year, when it was mired in controversy over the high level of non-performing loans (NPLs). Around 55 percent of DBM loans were non-performing at the start of the year, but this has been improving, and is at around 51 percent currently.

The DBM is focusing on three key areas: NPLs, foreign cooperation, and governance. The high level of NPLs must be brought down, foreign cooperation means not letting credit ratings drop and paying back bonds on time, and all-round governance improvement measures are being taken.

For the future, the most important thing for the DBM is independence, stated Ms. Murun. It also aims to improve project monitoring and implement new mechanisms of financing. After the current issues are addressed, the DBM will play the role of an export-import bank in the future.


After the presentation, a panel discussion was held, moderated by BCM Chair Mr. Tumentsogt. On the panel were: 

  • Mr. O.Amartuvshin, Mongolian National Chamber of Commerce and Industry
  • Mr. G.Enkhtaivan, Deputy Governor, Bank of Mongolia
  • Mr. N.Manduul, CEO, Development Bank of Mongolia
  • Mr. L.Sonor, Head of the Financial Insurance Department, Ministry of Finance
As a vital organization, the DBM is often criticized as well as praised by various parties. A lively discussion was held in which the government, central bank, DBM, and the private sector were represented. One thing that everyone agreed was that there was no question regarding the need for a development bank. A development bank is absolutely necessary when we talk about national development and the economy. As public servants, businesses, NGOs, and other sectors of society see things from different points of view, panelists also agreed that we are all looking at the same issue, but from different angles. So it is essential that we sit down and find a solution that benefits all.

The meeting was adjourned after a Q&A with the audience.
 

Photos from the meeting can be found from the BCM's Facebook page.

More information can be found from the Editor's notes and presentations linked below.

Links:
  1. Editor's notes (English)
  2. Presentation by S.Murun: Activities of the Development Bank of Mongolia (Mongolian)
 
Image

Address

Mahatma Gandhi St,
Orgil Stadium 49-4, Khan Uul District,
1st Khoroo, Ulaanbaatar, Mongolia, 17010

Connect to Us

Email: [email protected]
Phone: +976 7511-7027