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Often known as the 'Land of the Blue Sky', Mongolia stirs visions of the untamed and exotic - Genghis Khan, the Gobi Desert and wild horses galloping across vast expanses of the steppes. The absolute magnitude, beauty and wonder of the Mongolian scenery intertwined with her people and rich history makes Mongolia a truly inspiring country.
Mongolia's economic activity depends largely on agriculture, the breeding of livestock and mining of extensive mineral deposits of copper, coal, molybdenum, tin, tungsten, and gold. Until 1990, the Mongolian economic developments were directed by a series of Soviet-style central plans. In the late 80s and early 90s, the Mongolian people changed the path of development with the first multi-party election in 1990. The government's policy to embrace free-market economics, ease price controls, liberalizing domestic and international trade, and restructuring of the banking system and energy sector has led to major domestic privatisation programs being undertaken. These include the fostering of foreign investment through international tender of the oil distribution companies, banks, and a number of trading and construction companies.
The Birth of the Mongolia Ship Registry (MSR) is one of the many projects the country has undertaken to improve the investment and economy of the country. It will contribute to the development of the Marine Transport in Mongolia and connects Mongolia into the global maritime transportation network. Appointed by the Mongolia Government as the exclusive agent to process registration applications for ship wanting to fly the Mongolia flag, the Mongolia Ship Registry Pte Ltd, Singapore(MSR) is fully authorised to issue all the necessary documents and certificates and administer the registration system.
Based in Singapore where efficient telecommunications, financial and legal services are easily accessible, we are well positioned to take on the challenge of providing efficient and quality services to ship owners who choose to have their vessels fly the Mongolian Flag.
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General Country Information
Area: 1,566,000 sq km (610,740 sq mi) Population: 2.9 million People: Khalkh Mongols 94%, mostly Kazakh 5% Languages: Mongolian, English Religions: Buddhist Lamaist 50%, Shamanist and Christian 6%, Muslim 4%, none 40% (2004) Government: Parliamentary with a president elected every 4 year President: Nambaryn ENKHBAYAR Prime Minister: Sanjaa BAYAR
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