SCOPE: Bayanzurkh district, Ulaanbaatar city, Mongolia

DATA COLLECTION METHOD: Secondary research

TIME PERIOD: 2022.06.06 – 2022.10.20

GOAL: The main purpose of this consulting service is to develop preliminary technical and economic research of the Bayanzurkh District "Industry and Innovation Center" /supporting production, innovation, and start-up business/ project.

MAIN FINDINGS: Determined the content and objectives of the project, conducted research on introducing best practices of foreign countries, macro and microenvironment research, demand and supply analysis and infrastructure planning, financial and investment plan were developed. Implementation of the project will have positive impact on meeting the policy objectives within the scope of economic growth, improving business environment, creating jobs, and supporting production and services of the national development policy documents that defines long-term development ideals such as "Vision-2050" policy document, State action plan for 2020-2024 of the Government of Mongolia, and the general development plan of Ulaanbaatar until 2040. In addition, as reflected in the "Development Mapping 2030" policy document, the competitiveness index of the district and the level of labor participation will increase, creative industry will be developed, and the district will have a stable economy.