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Japan-Mongolia International Business Innovation Forum 2024″ was held in Ulaanbaatar, Mongolia. | News & Media

Posted on 2024-08-302024-10-13 by Editor in Chief

Event Summary

Conference Title: Japan-Mongolia International Business Innovation Forum 2024

Date: August 19, 2024 0900-2100 (including reception)

Organizers: Japan International Cooperation Agency (“JICA”), Ulaanbaatar Business and Innovation Development Department, Mongolian Chamber of Commerce and Industry, Mongolia-Japan Human Resources Development Center (“MOJC”), Japan alumni association JUGAMO, Mongolian Food Revolution, Mongolian-Japanese Commercial Association, Mongolian Kaizen Association

Supported by: Embassy of Japan in Mongolia, Japan External Trade Organization (JETRO), Organization for Small & Medium Enterprises and Regional Innovation, JAPAN, Shinagawa Ward, Gotanda Valley, Nagaoka City, NPO Nagaoka Industrial Activation Association NAZE

Venue: Ulaanbaatar Hotel Event Hall

Contents

The forum featured panel discussions and presentations by Japanese and Mongolian companies and organizations on topics such as export promotion, trade and investment promotion, SDGs business, ICT and digital industry promotion, and innovation between the two countries.

Panel Discussion at the Trade Session

Opening remarks were made by Mr. Ken Ikawa, Ambassador Extraordinary and Plenipotentiary of Mongolia to Japan, Mr. Banzragchi Bayarsaikhan, Ambassador Extraordinary and Plenipotentiary of Mongolia to Japan, and Mr. Khosbayar Lulai, First Deputy Mayor of Ulaanbaatar.

After the opening remarks by the guests and organizers, the Business and Innovation Development Department of Ulaanbaatar City and Gotanda Valley General Incorporated Association signed a Memorandum of Understanding (MOU) to establish an IT consortium to promote cooperation between Japanese and Mongolian IT companies, including startups.

Commemorative photo after signing a memorandum of understanding on the establishment of an IT consortium between Mongolian and Japanese companies

In the organizer’s speech, Mr. Shinichi Tanaka, Director of JICA Mongolia Office, gave a presentation titled “JICA’s Efforts in Mongolia” on 1) Pillars of Cooperation and Representative Projects in Mongolia, 2) Private Sector and ICT Industry Promotion, 3) “SME and SDGs Business Support Project”, 4) “Grassroots Technical Cooperation Project”, etc. The presentation was made by Mr. K. K. Krishnamoorthy.

JICA Mongolia Office Director Tanaka making a presentation at this forum

In the latter half of this forum, at the “Mongolia Open Innovation and Co-Creation for SDGs (MICS) 20241” organized by JICA, after the kick-off event in Ulaanbaatar on June 11 and the Tokyo event on August 5, 15 Mongolian and Japanese The 15 candidate collaborative projects were formed from companies including start-ups, educational and research institutions, NGOs, public hospitals, and other organizations from Mongolia and Japan, and the parties involved in the selected 15 collaborative projects made pitches in front of business people from Japan and Mongolia, and 10 collaborative projects were finally selected. JICA plans to support these 10 collaborative projects to create new networks between the two countries and promote “co-creation” and “innovation” in concrete ways (see here for details).

Approximately 100 people from Japan and 400 people from Mongolia attended the Forum, and a total of 25 companies from both Japan and Mongolia reported on the content of the Forum, indicating the high level of attention paid to the Forum.

Ambassador Igawara being interviewed by local media

Furthermore, in conjunction with the Forum, JICA, in cooperation with JETRO (host) and JAXA (co-host), organized the Mongolia Innovation Mission from August 19 to 21, where about 15 Japanese companies/organizations visited the Forum.

We received many positive comments from participants to this forum, such as “The discussions were more in-depth than at other events I have attended in the past, and it was a good opportunity to learn more about both countries,” and “This forum gave us an opportunity to enter the global market, including Japan.

Networking

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© Source JICA

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