Mongolia has left three decades of so called \u201ctransitioneconomy\u201d. During the period, the economic environment has faced lots of challenges which allowed us to learn and develop. As a result, private enterprises were established and started creating value in the economy. But now, the learning period is over, and it\u2019s the time to strengthen the power of economic competitiveness at a global level.<\/p>\n
The national economy expands when competing in the international market. To strengthen our national competitiveness in the global economic system, any work\/project must be conducted in accordance with the international standards, systems, and precise decisions.<\/p>\n
In this new episode, Mr. Bayanjargal Byambasaikhan, thechairman of the Business Council of Mongolia was invited as a guest speaker and talked with Ms. Batkhuyag Khulan who is the founder of the “RPOJECTED\u2122 Podcast” and secretary general of PMI\u00ae MC.<\/p>\n
We have discussed if Mongolia is ready to adopt\/transit to the Project Economy, how to manage project each team member to become a value creator based on his practical experience. Also, he has shared his idea about the \u201cPower skill\u201d of Project Managers.<\/p>\n
Mr. Byambasaikhan who is a business executive specialized in project management and finance. He has extensive experience to managing energy, infrastructure andmining investment projects.<\/p>\n
Successful projects include:<\/p>\n
\u2022 2010-2013, as CEO and Managing Director of the NewcomGroup, managed the financing and construction of Mongolia\u2019s first ever 50MW wind farm \u201cSalkhit\u201d<\/p>\n
\u2022 2015-2016, as CEO of Erdenes Mongol, sovereign wealth management company, chaired multiple mining and infrastructure company boards, and led strategicdevelopment projects, including the financing of the Oyutolgoi underground mine development<\/p>\n
\u2022 2004-2010 as a banker at the Asian Development Bank, developed and financed power generation, transmission, distribution, clean energy, energy trade and energy efficiency investments in Central Asian markets<\/p>\n
\u2022 2017-2019 as coordinator for the regional power trade and transmission program covering<\/p>\n
\u2022 Mongolia, China, Japan, Korea and Russia<\/p>\n
\u2022 Currently, he is the managing director of NovaTerra, an investment and advisory firm, and chairs the Business Council of Mongolia<\/p>\n
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