Capital Markets Mongolia (CMM) is pleased to release the latest edition of the Investor’s Guide to Mongolia, focusing on State-Owned Enterprises (SOEs). The report offers a clear overview of the current landscape, examines the key challenges facing SOEs, and highlights the opportunities that lie ahead for both domestic and international investors.
The report highlights the financial performance of SOEs between 2019 and 2024, underscoring the role of leading enterprises in driving revenues and profits. It further examines persistent governance and efficiency challenges, outlines potential solutions, and presents the government’s 2025–2028 reform roadmap, which aims to restructure SOEs and open new opportunities for investors.

Click on the "Download file" button for the full report.