According to the Resolution No. 223 of the Government of Mongolia dated July 28, 2021, “Zamiin-Uud” free zone was transferred to permanent operation. Event to transfer “Zamiin-Uud” free zone to permanent operation was organized on the territory of the free zone located in Zamiin-Uud soum of Dornogovi aimag in accordance with the strict adherence to infection control regimes /2021.08.14/. Mr.S.Amarsaikhan, Deputy Prime Minister of Mongolia, Mrs. A.Enkhzul Governor of “Zamiin-Uud” free zone and other officials attended in the event.
As well, the Governor of Dornogovi aimag, the President of the Mongolian National Chamber of Commerce and Industry, and the Chairman of the Free Zone Investors’ Council also provided information on how they work together in conjunction with the activities of the free zone and how they will cooperate with free zone in the future.
S.Amarsaikhan, the Deputy Prime Minister of Mongolia said that, Zamiin-Uud free zone is officially opening the doors today, 17 years after the Parliament decided to establish a free economic zone in 2004. Zamiin-Uud Free Zone is the most invested zone compared to other zones. This government has made a historic decision to start and operate the Zamiin-Uud Free Zone without delay, as it needs to receive the benefits of the infrastructure and significant investment it has already made.
As the Deputy Prime Minister of Mongolia, I will focus on intensifying the activities of free zones, increasing export-oriented economic and trade turnover, and creating a favorable environment for investors.” In connection with the transfer of the “Zamiin-Uud” free zone to permanent operation, professional services such as Border protection agency, Customs, Specialized Inspection, and Mongolian immigration agency will operate, and passengers, cargo, and vehicles will enter through the entering and exiting gate. It will also develop manufacturing, transportation and logistics, tourism and business sector.
Between 2022 and 2036, GDP will grow by 10 percent, and by 2025, direct employment will increase by 9,400, by 2030 by 15,000, and by 2034 by 18,000. It is also important to triple exports.
