Investing in Mongolia / Mongolian Real Estate Market
Real EstateTrade & Investment
First 15-20 minutes is for networking Light breakfast included
Hosted by the Real Estate Committee and the Trade & Investment Committee
Join us for this informative luncheon as Mr . Lee Cashell, founder and CEO of Asia Pacific Investment Partners ('APIP"), speaks on the Mongolian real estate market. The emergence of the Mongolian economy offers substantial challenges and opportunities for foreign investors. Mr . Cashell will give an overview of Mongolian macro-economic fundamentals, as well as current developments in the foreign investment laws and regulations and historical and forecasted real estate market conditions in Mongolia. Mongolia is one of the most exciting investment opportunities currently available in the world. With over $10 billion USD already committed for deep mining and infrastructure projects, Mongolia remains the final frontier for investors to benefit from continual and rapid growth. Through democratization, liberalization and a certain amount of geographical good fortune, Mongolia is recognized as one of the fastest growing economies in the world, achieving a GDP growth rate of 12% in 2012 and 11.7% in 2013.
Mongolian tax regime is the most investor friendly among other Asian peers with 0% capital gains tax and income tax as low as 10%. In addition, land titles are freehold and there is no restrictions on cashflow in and out of the country. APIP is one of the largest conglomerates in Mongolia that has a range of subsidiaries operating within the property, cement and financial services industries. APIP has a strong asset base, which includes one of the largest and most highly valued landbanks in the country and the only cement producing facility in the capital. APIP also holds a non-banking financial institution lending license and has a seat on the Mongolian Stock Exchange. This enables the Group to be exceptionally well positioned to take advantage of what many multilateral institutions expect will be the fastest growing economy in the world over the next five years.
The American Chamber of Commerce in HK 1904 Bank of America Tower 12 Harcourt Road Central, Hong Kong