Abundance of resources offers potential for sustainable growth
Germany and Mongolia share a long-standing relationship spanning a range of areas. It is said that 30,000 Mongolians speak German, about 1% of the total population. The former East Germany was a valued partner country of Mongolia until the collapse of the Soviet Union. The reunified country of Germany then assumed this role in the early 1990s. Since 1992, KfW has been active in Mongolia as part of financial cooperation on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ). With the new strategic approach to development cooperation, the Federal Ministry for Economic Cooperation and Development (BMZ) has decided as part of the BMZ 2030 reform strategy to transfer bilateral cooperation with Mongolia to multilateral, European and non-government tools.
KfW Office Ulan Bator
Director KfW Office: Michael Sumser-Hellstern
Seoul Street 21, 5th floor
Naiman Zovkhis Building
14251 Ulan Bator
Fax: +976-11-315 950