Technical Assistance for the Mongolia Opportunity Investment Fund I
The Technical Assistance Project will help to improve the performance of the recipient companies to international standards. This will enable Mongolian SMEs to expand operations beyond the mining sector.
| Country/region | Topic | Period | Budget |
|---|---|---|---|
|
Mongolia |
Private sector and entrepreneurship |
01.07.2014
- 01.10.2019 |
CHF 380'000
|
- Foreign Consultants
-
Sector according to the OECD Developement Assistance Commitiee categorisation BUSINESS & OTHER SERVICES
Sub-Sector according to the OECD Developement Assistance Commitiee categorisation Business support services and institutions
Cross-cutting topics The project takes account of democratisation, good governance and human rights as cross-cutting themes.
Project number UR00388
| Background |
The investee companies of the Mongolia Opportunities Fund I need to improve their operations and management or acquire and use new technologies before they can provide international quality services or products. Whereas the Fund Manager can contribute expertise to the portfolio companies through active board, executive and business administration services, specialized external assistance is needed in the areas of product development and corporate governance. |
| Objectives |
The Technical Assistance is intended to support companies mainly in the following four areas: (i) accounting, internal control, and compliance- (ii) process improvement, (iiI) technology adoption, and (iv) new business development. As a result, the TA should help to improve the performance of the recipient companies and also have a positive impact on the general business environment in Mongolia as capacity within these companies improves and through the value chain spills over to other companies. |
| Directorate/federal office responsible |
SECO |
| Credit area |
Development cooperation |
| Project partners |
Contract partner |
| Budget | Current phase Swiss budget CHF 380'000 Swiss disbursement to date CHF 0 Budget inclusive project partner CHF 722'500 |
| Project phases |
Phase 1 01.07.2014 - 01.10.2019 (Completed) |