Mongolia - Project Financing Mongolia - Project Financing
Multilateral Development Banks:
U.S. Commercial Service Liaison Offices at the Multilateral Development Banks (European Bank for Reconstruction and Development, Asian Development Bank, World Bank)
The Commercial Service maintains Commercial Liaison Offices in each of the main Multilateral Development Banks, including the European Bank for Reconstruction and Development, the Asian Development Bank and the World Bank. These institutions lend billions of dollars in developing countries on projects aimed at accelerating economic growth and social development by reducing poverty and inequality, improving health and education, and advancing infrastructure development. The Commercial Liaison Offices help American businesses learn how to get involved in bank-funded projects, and advocate on behalf of American bidders. Learn more by contacting the Commercial Liaison Offices to the European Bank for Reconstruction and Development, the Asian Development Bank and the World Bank.
Additional International Financing Options
The International Finance Corporation (IFC): IFC’s core business is financing projects with cash flows that can cover debt-service repayment to lenders and payment of dividends to shareholders. Such financing is without government guarantees. Contact the IFC through its Washington, D.C. headquarters at (202) 473-1000 or at its Ulaanbaatar office (976-11) 312-694 or by email at Ntuyen@ifc.org.
The U.S. Trade and Development Agency (TDA): TDA occasionally participates in Mongolian projects. TDA’s basic criteria for project funding are:
- The project is a developmental priority of the host country
- There is a likelihood of project financing
- The U.S. export potential is significant
- There is foreign competition for the projec
The Export-Import Bank of the United States (EXIM): EXIM, the official export credit agency of the United States is an independent, self-sustaining Executive Branch agency with a mission of supporting American jobs by facilitating the export of U.S. goods and services. When private sector lenders are unable or unwilling to provide financing, EXIM may fill the gap for American businesses by equipping them with the financing tools necessary to compete for global sales. In doing so, EXIM levels the playing field for U.S. goods and services going up against foreign competition in overseas markets, so that American companies can create more good-paying American jobs. Because it is backed by the full faith and credit of the United States government, EXIM assumes credit and country risks that the private sector is unable or unwilling to accept. Contact EXIM at 811 Vermont Avenue, NW Washington, DC 20571, Tel: +1 800-565-EXIM (3946).
The United States Overseas Private Investment Corporation (OPIC) OPIC offers loans and political risk insurance to American investors involved in most sectors of the Mongolian economy. In addition, an OPIC Investment Incentive Agreement is in force between the United States and Mongolia requiring Mongolia to extend national treatment to OPIC-financed projects in Mongolia. (See website) Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.