Investment

Legal opportunities

The investment legal environment

Six core opportunities created by the Kharkhorum Law and related legislation.

01

Free and special zones

Under article 21 of the Kharkhorum Law, the city may establish free zones for high technology, health and tourism, industrial technology parks and special customs zones. A special zone with banking, finance and preferential taxation is being established in 2026–2028.

02

Public–private partnership

The city may contract out 13 categories of functions with full or partial financing — roads, utility networks, museums, theatres and libraries, public transport, waste management, logistics, festivals and more.

03

City Development Fund

A fund of up to 10% of budget revenue, donations and up to 10% of dividends — spent on social infrastructure, heritage protection, tourism, parks and green space.

04

Land-use rights

Land is allocated by auction or project selection. Special arrangements apply to projects funded by state or city investment, PPPs or concessional loans from international organisations.

05

Securities

The city may issue securities under article 16.1.8 of the Law on the Legal Status of Cities and Towns, in line with the Debt Management Law.

06

Investors' Council

To protect investors' rights and lawful interests, the Council approves the composition and rules of the Investors' Council (Rules, art. 3.1.11).

Flagship projects

Investment opportunities

Directions in the 2026–2028 action plan open to private participation.

Project	Sector	Timeline	Form of participation
Full establishment of the free economic zone	Finance and business	2026–2028	PPP / direct investment
International data centre and hi-tech manufacturing centre	Technology	Feasibility 2026 · construction 2027	Direct investment
Great Khaans Park (Skansen model)	Tourism	From 2026	Private sector
Industrial technology park	Manufacturing	2026–2028	Private sector
Silver Tree complex	Culture and symbolism	2026–2028	State budget + partnership
A transport and logistics hub	Logistics	Feasibility 2027–2028	PPP
Renewable and reliable energy complex	Energy	Phase one	Direct investment
Agricultural cluster and agro-park	Agriculture	2026–2028	Private sector

Investment enquiries

Art. 26 of the Law

Stabilisation certificates

Projects meeting the criteria of articles 16.1.2–16.1.4 of the Investment Law receive stabilisation certificates for the following terms.

Investment amount MNT billions	Certificate term years	Completion period years
5–10	4	2
10–30	6	2
30–50	8	3
50–100	10	4
100–200	12	5
200–300	14	6
over 300	16	6

Investment agreements

For construction projects with investment above MNT 100 billion , the City Governor may — with Government authorisation and at the investor's request — conclude an agreement guaranteeing a stable operating environment (26.2).

Stability guarantee

Investment stability is guaranteed regardless of changes in authorities or officials (25.4). Tax and non-tax support is governed by the Investment Law (25.5).

Customs relief

Under the 23 Jan 2025 amendment to the Law on Customs Tariffs and Duties, customs duty on imports for Kharkhorum construction may be deferred for 4 years .