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Mongolia launches one-stop service center for foreign investors

Source: Xinhua| 2019-02-22 18:18:55|Editor: Lu Hui
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ULAN BATOR, Feb. 22 (Xinhua) -- Mongolia has launched a one-stop service center for foreign investors, the country's National Development Agency said Friday.

The center will work to create a favorable business environment for foreign investment by providing foreign investors with all the information they need, and receiving any complains about investment environment in the country, the agency said in a statement.

The service is part of efforts to attract more foreign investment in a bid to promote the growth of the mining-dependent economy of the country.

Foreign direct investment (FDI) has been one of the main drivers of the resource-rich country's economic growth.

The Asian country attracted around 2 billion U.S. dollars of FDI in 2018, increasing about 30 percent year on year, according to the country's Finance Ministry.

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