Government of Mongolia signs a collaboration with the World Economic Forum to develop a Strategic Intelligence Platform

·      The Government of Mongolia announces a collaboration with the World Economic Forum for the development of an AI-driven Mongolia Strategic intelligence hub.

·      The platform will deliver a dynamic and whole-of-government overview of 10-12 key sectors, vital for Mongolia’s economic and industrial development and related policy innovations that Mongolian policymakers and decision-makers can undertake.

·       The Forum’s Strategic Intelligence platform will drive Mongolia’s ‘Vision 2050’ forward by licensing its AI-driven tools to support the Mongolian Government’s strategic vision and capacities.

The Government of Mongolia signed a collaboration agreement with the World Economic Forum today to develop an AI-based Strategic Intelligence platform. The Agreement was signed by Mr. Dorjkhand Togmid, Deputy Prime Minister of Mongolia, and Mr. Olivier Schwab, Managing Director, World Economic Forum.

With this agreement, the Government of Mongolia will establish a cutting-edge Strategic Intelligence platform to enhance strategic decision making, analyze global trends and key drivers of transformational changes, and help accelerate the implementation of the Government’s medium and long-term development policies while tackling global challenges.

His Excellency Oyun-Erdene Luvsannamsrai, Prime Minister of Mongolia, underscored the critical need to continue to drive forward the implementation of Mongolia’s ‘Vision 2050.’ He highlighted that, “In an era of rapid transformation of Artificial Intelligence, Mongolia has the opportunity to make science-driven strategic decisions and foster innovation through this forward-thinking partnership. We will utilize the Strategic Intelligence platform to advance our e-governance platforms and improve public productivity.”

The platform will provide cutting-edge resources to monitor trends and signals to deliver a dynamic overview of sectors critical to Mongolia's economic and industrial development. It will feature insights from over 400 global sources including leading academic institutions, think tanks, research institutions, and international organizations, as well as showcase contributions from more than 4,000 experts across diverse fields. The AI tools of the platform will generate briefings of the latest research, analysis, and potential scenarios for priority areas, putting forward key strategic trends and best practices globally towards Mongolia’s economic development and industrial growth.

Professor Klaus Schwab, Founder and Chairman of the Board of Trustees of the World Economic Forum remarked: “Through collaboration with the World Economic Forum, Mongolia is demonstrating visionary leadership by embedding advanced technologies into their governance framework to drive innovation in policy-making and industrial growth. This forward-thinking partnership showcases how nations can harness AI and strategic intelligence to modernize governance and accelerate economic development.”

In addition to strengthening innovation, creative approaches, and smart solutions in government strategy and planning, Mongolia will strengthen its engagement with the World Economic Forum's network and broaden its collaboration with public-private partnerships to tackle global challenges through the use of advanced technologies and expert networks.

Over the past decade, the WEF has engaged in strategic collaboration with the Government of Mongolia towards sustainable economic growth and diversification. This collaboration is exemplified by the 2014 "Scenarios for Mongolia" framework, which involved over 250 experts convened to deliberate on managing resources wisely to ensure both present and future generations can benefit, promoting prosperity for the country. These initiatives have been instrumental in supporting Mongolia in exploring long-term sustainable economic outcomes and making informed strategic decisions that foster national prosperity.