Khot specializes in road construction and related services to meet the urgent demands of the fast-growing Mongolian economy. The Government of Mongolia has committed to the construction of 10,000 kilometres of new roads over the next ten years including expenditures of $335 million in the near term.
Khot is also reviewing other infrastructure opportunities in Mongolia. According to The Economist Intelligence Unit, Mongolia will have the world’s fastest GDP growth in 2014.
In this video, Khot Infrastructure Chairman James Passin discusses new legislation to encourage foreign direct investment, the corresponding change in liquidity and investor perception, and parallels with countries like Qatar, which experienced rapid growth and urbanization after it opened its economy and developed its natural resources.