A View From Zaysan Tolgov

This weekend, I went up to the top of Russian Hill, as some call it. A small mountain just to the South of the city that has a large monument built by Russians before they left town called Zaysan Tolgov Memorial. It provides a great view of the city and the surrounding suburbs or Ger Communities, as they are referred to here in Ulaanbaatar. There is also a view of the railroad running down by the river.
The Mongolians think of America as their third neighbor. They have Russia to the West and North and they have China to the East and South. They still refer to America as their third neighbor and the language people prefer to learn by far is the English language.

Many countries continue to contribute to the growth and development of Mongolia and America is only one of many. I find it interesting that America through its Millenium Challenge program, created by Bush, is doing several things including health care assistance, vocational training and Perri-urban land entitlement programs. The largest part of the grant however is to upgrade the Trans Siberian Railroad. This is the major connection between Russia and China. Mongolia is rich in mineral resources and the only way you can really move things like coal, uranium, copper, gold and other minerals is with the use of the railroad.
Mongolia is very financially dependent on its mineral resources to underwrite its budget. However, it does not have the capital to develop the mines required to extract these minerals so they contract with companies from other countries like Russia to do this work. International Development work sure takes some interesting twists and turns.


Here are two snapshots of the city from Zaysan Tolgoy. The city of one and a half million people sits in a valley along side a small river and the railroad. The city extends upon to the hills in nearly every direction with uncontrolled suburban sprawl with no sewers or city water up in those areas.
I wanted to take the train back to China but it is a four day trip on a very slow train.
Friday, I was invited by a leader of a weekend program on Corporate Governance for Executives of larger Mongolian companies. I spoke for a short time about different aspects of working with a Board of Directors. One of the other guest speakers was a gentleman from Russia who was an expert on Corporate Governance. It was a good program. I have these fellows cards and thought maybe I should send them to Obama. Maybe he could hire this Russian and this Mongolian to go teach a course on Responsible Corporate Governance to our friends on Wall Street.