News

At the IFEZ – Smart City Summit 2025, Mongolia became a member, marking its commitment to advancing international collaboration in smart city development

The “Smart City Summit 2025” international forum, held at the Incheon Free Economic Zone (IFEZ), concluded successfully, bringing together over 70 representatives from 17 countries to share experiences and innovative solutions in smart city development. During the forum, Mongolia’s “Khushig Valley Free Economic Zone” officially joined as a member and signed a Memorandum of Understanding […]

At the ‘Smart City 2025’ International Forum, Startup Park featured premier presentations highlighting cutting-edge technological concepts and innovations.

Within the framework of the ‘Smart City 2025’ International Forum, Startup Park hosted a series of engaging presentations on smart city solutions, innovation, and technology, accompanied by wide-ranging discussions among participants on the future development of urban environments. During the event, participants were introduced to new developments in AI, IoT, smart infrastructure modernization, the growth […]

FEZ team participated in the UK–Mongolia Infrastructure Forum and exchanged views on digital construction standards and other recent development trends

The forum is organized by the British Embassy and is attended by Mongolian government institutions, including the Ministry of Urban Development, Construction, and Housing, and the Ministry of Digital Development, Innovation, and Communications, as well as public and private sector organizations such as the Khushig Valley Economic Free Zone, Hunnu City Administration, Hunnu City Development […]

B. Saranchimeg, Governor of the Khushig Valley Economic Free Zone, received and held a meeting with Gavin Sommerson, International Program Manager at Connected Places Catapult, a UK-based agency specializing in innovation in urban development and transportation.

Mr. Gavin Sommerson, along with representatives from the UK government and private sector, visited Mongolia to participate in the UK–Mongolia Infrastructure Forum scheduled for 27 November 2025. Connected Places Catapult is an innovation accelerator supported by the UK government, specializing in developing smart solutions and digital innovations in the urban development and transport sectors. The […]

The Khushig Valley Economic Free Zone seeks to promote and attract investment from the Republic of Korea.”

In line with Mongolia’s long-term development policy, B. Saranchimeg, Governor of the Khushig Valley Economic Free Zone, signed a Memorandum of Understanding (MoU) with Kim Dong-gin, Chairman of the Board of the Mongolia–Korea Economic Cooperation Association. Under this MoU, the parties will cooperate in areas including investment promotion, the introduction of new technologies, providing information […]

A meeting was conducted with Kim Dong-gin, Chairman of the Board of the Mongolia–Korea Economic Cooperation Association, along with representatives of the relevant departments of the association.

B. Saranchimeg, Governor of the Khushig Valley Economic Free Zone, accompanied by representatives from the Executive Office, held a meeting with Kim Dong-gin, Chairman of the Board of the Mongolia–Korea Economic Cooperation Association, along with representatives from the relevant departments of the association. During the meeting, both parties exchanged views on opportunities to expand and […]

A meeting was held with the representatives of ‘Urban Plus,’ an architecture and design company from Shanghai, People’s Republic of China

B.Saranchimeg, Governor of the Khushig Valley Free Economic Zone, received and held a meeting with the representatives of Urban Plus, a Shanghai-based company of the People’s Republic of China specializing in free economic zones and urban planning. During the meeting, the planning framework of the Khushig Valley Free Economic Zone was presented, and the parties […]

Representatives from the Australian architectural firm Square One Atelier were welcomed for an official meeting.

B.Saranchimeg, Governor of the Khushig Valley Free Economic Zone, received the representatives of Square One Atelier, an architectural firm from Australia. The company expressed its interest in pursuing future cooperation and highlighted that its submission to the international competition for the planning of Khunnu City is designed to be developed in four phases. They emphasized […]

We had the opportunity to meet with Mr. Rene van Hell, Member of the Board of Directors and Director responsible for Mongolia at the European Bank for Reconstruction and Development (EBRD).

During the meeting, Mr. van Hell provided a concise overview of the bank’s current operations in Mongolia and outlined its future plans. He also expressed his positive sentiments regarding the establishment of the administration for the Khushigiin Khundii Free Zone. The strategic development plan for the Khushigiin Khundii Economic Free Zone was presented, and potential […]

Met with Won-Seok Yun, the Governor of Incheon Free Economic Zone (IFEZ) in the Republic of Korea, to discuss cooperation opportunities.

Incheon Free Economic Zone (IFEZ) was established in 2003 near Incheon International Airport. Interestingly, the region originally had no land; it involved reclaiming land from the sea by pumping seawater and restoring the coastline, taking seven years to develop infrastructure and create new land. At that time, when the economy was in a difficult state, […]

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