A private equity view of Asia's wild frontier markets
Mongolia and Kazakhstan come under the microscope as private equity investors assess the opportunities in those countries.
Thinking about the frontier markets of Mongolia and Kazakhstan, extractive industries initially come to mind as the most likely intended destinations of capital investment by virtue of the mining projects on the drawing board that are designed to feed China.
However, ancillary businesses are attracting the attention of Asia’s private equity specialists in these extreme emerging markets.
“Mongolia is an extension of the China story, and it has got a lot of things that China needs," say…
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