Tuesday, May 27, 2014

Mongolia Mortgage Program Fuels Construction Boom

May 27 (Bloomberg) -- When Mongolia's government introduced a new mortgage law it not only helped more people to own homes, it also gave the country's construction sector a huge boost -- effectively creating a whole new market.
That's no bad thing as Mongolia tries to move away from its reliance on mining to drive the economy. Bloomberg TV Mongolia's Dulamkhorloo Baatar reports. (Source: Bloomberg)

Video Link: http://www.businessweek.com/videos/2014-05-26/mongolia-mortgage-program-fuels-construction-boom

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