Connaught are pleased to announce a recently agreed strategic alliance with the Mongolia Fund. The Fund seeks long term growth of capital through investing in the mining sector, mining services, processing, logistics and energy. The most recent project is the structuring of funds for Hertz Equipment Rental franchise in Ulaanbaatar (the capital of Mongolia) As a country, Mongolia, has the world’s lowest population density but last year had the highest global GDP growth rate at 17%. One of the world’s richest areas for natural resources the economy is heavily reliant on the mining industry and market sectors that support the mines. Connaught are looking forward to expanding the investments of The Mongolia Fund in this emerging Asian market.
Posted on: Mon, 27 Jan 2014 08:13:30 +0000
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