The Regency Residence, Mongolia, Asia - FOR SALE

The Mongolian economy is currently booming, this boom is supported by strong speculations surrounding the mining industry in Mongolia, many foreign companies have invested very heavily into the country to tap into those huge resources. The normal concentration of copper in the soil is of about 0.3%, in recent explorations at the mines in Mongolia a concentration of 7% has been found, the highest in the world. Mongolia is also a giant field of copper, gold, coal, uranium, zinc as well as many other minerals. Oil has also been found in quantities sufficient for domestic needs but more is expected to be found. Siberia to the north, China to the south and Kazakhstan to the West all have very large oil deposits. Kazakhstan is a market quite similar to Mongolia in its progress and subsequent boom.