First foreign investment fund founded in Mongolia

Mongolia is opening up to the global financial world. GAP (Global Alliance Partners) recently opened a new subsidiary, Silk Road Management, in Mongolia.

This is the first foreign investment fund to be focused on Mongolia and will be headed by the Chairman of Eurasia Capiral, Mr. Alisher Ali Djumanov. The new branch will begin operations from June. The manager of Silk Road Management confirmed that they will invest first in the MSE and then diversify into other sectors, including mining, infrastructure and energy.

GAP was founded 3 years ago Macao and have expressed strong interest in the Mongolian market story. Bernard Pouliot, Chairman of organisation, said: “we want to contribute Mongolian development, also we want profit at same time.” GAP specialize in international financial services and was founded by international companies including Imara holdiings from Africa, Quam Financial Services, based in Hong-Kong, and Capital Partners from Japan.

Eurasia Capital joined the organisation as their representative in Mongolia. At GAP’s third official meeting, which took place in the Chinggis Khan Hotel, they officially welcomed Eurasia Capital.

S. Bold-Erdene

Source : Gogo

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