IFC proposes $60m investment for Mongolian conglomerate MCS

IFC proposes $60m investment for Mongolian conglomerate MCS

Ulaanbaatar, Mongolia. Photo by Bree Evans on Unsplash.

International Finance Corporation (IFC), a member of the World Bank Group, is considering an investment of up to $60 million in MCS, the largest private sector group in Mongolia, according to a disclosure.

Edited by: Joymitra Rai