Mongolian equipment show planned

A new off-highway machinery exhibition is being launched in Mongolia in 2012 in response to the country's massive potential for development.
February 24, 2012 Read time: 2 mins
A new off-highway machinery exhibition is being launched in Mongolia in 2012 in response to the country's massive potential for development. The event is being run jointly by the German equipment manufacturing association (the 1331 VDMA) and exhibition firm VF Messe, in partnership with the Mongolian and German governments. The event will be run from May 16th-19th 2012 in the Mongolian capital Ulaanbaatar. With economic growth of 6.1% last year, Mongolia is regarded as one of the key developing countries. Prior to the financial crisis, from 2004 to 2008, the average figure was even above 9%. Last year the gross domestic product generated by the population of just around 3.1 million people in a country of almost 1,600,000m2, which ranks 10th largest in the world in terms of surface area, was US$11 billion. The highland region mainly consisting of desert is rich in mineral deposits such as coal, copper, crude oil, gold, diamonds and silver. Some time ago, in the south of the Gobi desert, coal and copper deposits were discovered, some of the largest in the world. According to Klaus Stöckmann, who is responsible for the fair at the 1331 VDMA, "Future Mongolia is aimed at supporting the country in its rapid development." The fair will be held at the Buyant Ukhaa sport complex located in the immediate vicinity of the capital's airport.

For more information on companies in this article

Related Content

  • Major highway growth in Portugal
    April 12, 2012
    Twenty years ago Portugal was bottom of the European league in terms of roads and safety. A series of ambitious plans has seen the country rise to the top. Patrick Smith reports on how this was achieved In Portugal, out of 3,600km of main national roads (IP+IC), some 1,500km of motorways/high-capacity routes are financed under public-private partnership (PPP) agreements. These are tolled either using shadow tolls (these are being phased out) or real tolls, and plans are in hand to make routes multi free-fl
    Read More
  • Importance of continued transportation investment
    May 2, 2012
    The US infrastructure network requires urgent attention - * T Peter Ruane. America's transportation infrastructure was once the "shining light on top of the hill." Major investments in a national highway, bridge, transit, airport, port and waterway system during the 20th century paid great dividends. The free and efficient flow of goods and people across the 50 states led to unparalleled economic expansion. The mobility and prosperity resulting from an interconnected infrastructure was a model for the world
    Read More
  • India's first construction event a huge success
    April 5, 2012
    The first bC India event has exceeded all expectations and it is set to become a regular event. Patrick Smith reports A major new construction equipment show has been launched in a nation with a huge appetite for such machinery and a growth rate nudging 9% each year. With billions being spent on infrastructure (roads and highways, power stations, railways, ports and airports), India was a prime candidate for a trade fair to display the latest and local international construction machinery, building materia
    Read More
  • Importance of continued transportation investment
    February 27, 2012
    The US infrastructure network requires urgent attention - * T Peter Ruane. America's transportation infrastructure was once the "shining light on top of the hill." Major investments in a national highway, bridge, transit, airport, port and waterway system during the 20th century paid great dividends. The free and efficient flow of goods and people across the 50 states led to unparalleled economic expansion. The mobility and prosperity resulting from an interconnected infrastructure was a model for the world
    Read More

Highlighted Content