COOPERATION WITH THE ASIAN DEVELOPMENT BANK IN THE TOURISM SECTOR TO BE EXPANDED
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Minister of Culture, Sports, Tourism and Youth Mr. Aldarjavkhlan Jukov met with Mr. Chandra Mohan Arora, Officer-in-Charge of the Resident Mission of the Asian Development Bank (ADB) in Mongolia, to exchange views on cooperation in the tourism sector, on 22 May 2026,
During the meeting, the parties discussed the current state of Mongolia’s tourism industry, the progress of ongoing projects and programs, and potential areas for future cooperation.
Representatives of the Ministry presented the Government of Mongolia’s tourism policy and implementation outcomes, noting that Mongolia welcomed 846,000 international visitors in 2025 and generated tourism revenues of USD 1.6 billion. They also highlighted that domestic tourism, with 1.3 million tourist visits, contributed more than MNT 400 billion to economic activity. The Ministry further outlined its objective of sustaining this growth and increasing the number of international visitors to 2 million and tourism export revenues to USD 4 billion by 2030.
The parties also noted that implementation of the Sustainable Tourism Development Project, financed through an ADB concessional loan of USD 38 million, has exceeded 70 percent completion. Under the project, infrastructure works in Khatgal soum and Khankh soum of Khuvsgul Province, as well as Dadal soum of Khentii Province, are expected to be completed and commissioned within the year.
In addition, the meeting included an exchange of views on the proposed Digital Museum project to be established as part of the “Chinggis Khaan” Tourism Complex, which is scheduled to open in 2026. The parties emphasized that the project aims to promote Mongolia’s history and nomadic civilization internationally through modern technological solutions and to align museum management practices with international standards.
The parties further agreed that an official request would be submitted through the Ministry of Finance regarding the continuation of the Sustainable Tourism Project across 17 tourism zones located in 12 provinces, as approved by the Government of Mongolia.
At the conclusion of the meeting, both sides expressed their readiness to strengthen cooperation on tourism investment and development projects and to further expand the scope of their partnership.
Minister of Culture, Sports, Tourism and Youth Mr. Aldarjavkhlan Jukov met with Mr. Chandra Mohan Arora, Officer-in-Charge of the Resident Mission of the Asian Development Bank (ADB) in Mongolia, to exchange views on cooperation in the tourism sector, on 22 May 2026,
During the meeting, the parties discussed the current state of Mongolia’s tourism industry, the progress of ongoing projects and programs, and potential areas for future cooperation.
Representatives of the Ministry presented the Government of Mongolia’s tourism policy and implementation outcomes, noting that Mongolia welcomed 846,000 international visitors in 2025 and generated tourism revenues of USD 1.6 billion. They also highlighted that domestic tourism, with 1.3 million tourist visits, contributed more than MNT 400 billion to economic activity. The Ministry further outlined its objective of sustaining this growth and increasing the number of international visitors to 2 million and tourism export revenues to USD 4 billion by 2030.
The parties also noted that implementation of the Sustainable Tourism Development Project, financed through an ADB concessional loan of USD 38 million, has exceeded 70 percent completion. Under the project, infrastructure works in Khatgal soum and Khankh soum of Khuvsgul Province, as well as Dadal soum of Khentii Province, are expected to be completed and commissioned within the year.
In addition, the meeting included an exchange of views on the proposed Digital Museum project to be established as part of the “Chinggis Khaan” Tourism Complex, which is scheduled to open in 2026. The parties emphasized that the project aims to promote Mongolia’s history and nomadic civilization internationally through modern technological solutions and to align museum management practices with international standards.
The parties further agreed that an official request would be submitted through the Ministry of Finance regarding the continuation of the Sustainable Tourism Project across 17 tourism zones located in 12 provinces, as approved by the Government of Mongolia.
At the conclusion of the meeting, both sides expressed their readiness to strengthen cooperation on tourism investment and development projects and to further expand the scope of their partnership.