Mongolia ranked 70th on Fraser Institute's Investment Attractiveness Index

Mongolia was ranked 70th among 91 countries assessed for Fraser Institute's 2017 Investment Attractiveness Index.

The index is conducted by Fraser Institute each year with the inclusion of an annual survey of mining companies. Mongolia was ranked 101st out of 104 countries in 2016.

Fraser noted that Mongolia's higher ranking on the index was influenced by the enhancement of the nation's professional workforce and other factors.

The institute also pointed out that the status of some regulations, the legislative environment, and political instability have had a negative impact on foreign investment.

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