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Mongolia Seeks German Investment as It Pushes Big Energy and Transit Projects

The state visit aims to secure German technology and funding for a DCS‑3 power expansion together with urban transit projects to speed Mongolia’s infrastructure buildout.

Overview

  • President U. Khurelsukh held high‑level meetings in Berlin on Thursday that included a business forum with about 250 companies and discussions with Chancellor Friedrich Merz and Berlin’s mayor to deepen the Strategic Partnership and attract investment.
  • Mongolia signed a contract for the basic design of the DCS‑3 expansion with ДЦС‑3 and Inter RAO Export that is projected to add 252 MW of electricity and 300 Gcal/h of heat capacity to serve roughly 84,000 electrical and 30,000 heating households.
  • The national transport push moved forward with the Ulaanbaatar tram project completing its technical‑economic justification and the BRT project announcing the second stage of its consultant tender will open on 26 October to select DED and DOD advisers.
  • Parliament’s Economic Standing Committee completed the third reading of the 2027 budget package that proposes wage and pension increases, targeted social and sector investments, tax relief measures for lower incomes, and expanded funding for housing and energy projects.
  • Officials also issued hazardous weather warnings for 22 October, launched the anti‑fraud portal Zalilan.113.mn to tackle rising cyber scams, and reported 422 third‑quarter food‑safety violations that led to fines and enforcement actions.