EBRD Energises Automotive Sector in Mongolia with Strategic Investment In a determined move to pivot Mongolia’s economy further away from its reliance on extractive industries, the European Bank for Reconstruction and Development (EBRD) has announced a significant new investment in one of the country’s most prominent private sector players. MSM Group, a well-established conglomerate in Mongolia, is set to receive up to MNT 26.2 billion (around €…
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