As a resource-based economy, Mongolia has seen strong growth in its mining and infrastructure sectors in recent years, leveraging resources like coal and copper. Mining output accounts for 25% of GDP (with projects like the Oyu Tolgoi copper and gold mine driving demand for mining machinery), and infrastructure investment accounts for 20% of the national budget. The "Steppe Road" initiative and the "New Revitalization Policy" (which plans to invest $12 billion in road and energy construction from 2025 to 2030) are further expanding the market for construction machinery.Currently, Mongolia's Ministry of Mining and Heavy Industry is strengthening mineral development. The Mineral Law is promoting domestic equipment procurement, and international companies are accelerating their presence. Chinese brands, driven by their competitive price-performance ratio, are expected to see their market share increase from 10% in 2020 to 30% in 2024, leading to strong trade between China and Mongolia. Data shows that Mongolia's annual imports of mining machinery exceed US$800 million, with Chinese equipment accounting for 65%. Railway upgrades along the China-Mongolia-Russia Economic Corridor are further driving demand for construction vehicles.

The 2026 Mongolian Construction Machinery, Building Materials Machinery, Mining Machinery, Engineering Vehicles and Equipment Exhibition is scheduled to be held at the Ulaanbaatar Convention and Exhibition Center from April 17-19. This year's exhibition is expected to attract over 300 exhibitors from 20 countries, with a planned exhibition area exceeding 20,000 square meters and 18,000 professional visitors. It is expected to become a major construction machinery event in Central Asia, helping to establish a cross-border technology trade platform and promote the modernization of Mongolia's infrastructure and mining industries.