Construction Industry Business Leaders in Mongolia play a crucial role in shaping the nation's urban development and economic progress. These visionary leaders drive innovation, introduce sustainable practices, and lead major infrastructural projects that transform Mongolia's landscapes. Their expertise in navigating both domestic and international markets facilitates significant investments in modern construction technologies and renewable energy initiatives.
By integrating cutting-edge practices with local traditions, they address challenges related to energy efficiency, urban planning, and affordable housing. As catalysts for growth, these leaders not only elevate the construction industry but also contribute to Mongolia's broader goals for sustainable development and economic prosperity.
Batzul Gerelsaikhan, Head (Properties) at Erel Group, is a distinguished Mongolian executive with over 13 years of experience in international and local management. Her expertise spans brand and asset management, public and investor relations, sales, marketing, and stakeholder communications across diverse industries.
Batzul’s professional journey began with roles at PwC and Skypath Partners, grounding her in finance during a period when Mongolia’s economy was booming. Despite opportunities abroad, including enrollment for a master’s degree at the University of Copenhagen, she returned to Mongolia to contribute to its growth, thanks to the Oyu Tolgoi's copper and gold mining boom.
Her academic journey at the prestigious University of Copenhagen equipped her with invaluable insights into sustainable development, energy efficiency, and urban planning. Batzul credits this experience, including her exposure to Denmark's leadership in renewable energy, for shaping her approach to real estate and construction in Mongolia.
At Erel Group, Batzul applies global best practices tailored to local needs, focusing on energy-efficient urban planning, green construction standards, and innovative housing finance models. With a vision for long-term growth, she leads initiatives like modular construction, green bonds, and urban development aligned with Mongolia's Vision 2050. Her leadership is redefining the construction sector, and ensuring sustainable urban growth in Mongolia.
“Stepping into a leadership role at Erel Group, overseeing complex, multimillion-dollar development projects, has been a defining challenge. The responsibility of structuring real estate investments, ensuring energy efficiency, and balancing urban demand with sustainability has shaped my approach. This has reinforced my belief that real estate is more than just transactions, it’s about long-term citybuilding”, emphasizes Batzul Gerelsaikhan.
Driving Sustainable Energy and Financial Growth
Batzul Gerelsaikhan, as Chair of the Sustainability & Energy Working Group at EuroChamber Mongolia, is at the forefront of advancing energy efficiency and sustainability in the country.
Mongolia’s energy challenges are deeply rooted in its reliance on coal-based heating and inefficient urban planning, with 60 percent of energy demand tied to heating buildings.
Batzul’s key priorities include fostering the adoption of renewable energy, in line with Vision 2050’s target of achieving 30 percent renewable energy by 2030, advocating for green building policies to reduce coal dependency, and modernizing urban heating infrastructure by promoting district heating, insulation, and energy-efficient technologies. By collaborating with international experts, she facilitates practical solutions and knowledge-sharing to tackle Mongolia’s energy and construction challenges.
In her role as a member of the Registration Committee of OTC Markets at MASD, Batzul plays a crucial part in enhancing Mongolia’s securities market, which raised 1.7 trillion ($485 million) in 2024 alone. She ensures financial and legal compliance for bond issuances, upholding best practices in corporate governance and transparency. Her advocacy for introducing green bonds and expanding investor education aims to deepen market liquidity and attract foreign investment, driving the development of Mongolia's financial landscape.
At Erel Group, Batzul applies global best practices tailored to local needs, focusing on energy-efficient urban planning, green construction standards, and innovative housing finance models
As a Forbes ’30 Under 30’ honoree, Batzul inspires young women aspiring to leadership roles in male-dominated industries by emphasizing the importance of building expertise, cultivating strong networks, and prioritizing meaningful contributions. Her leadership reflects the power of inclusive perspectives in shaping Mongolia’s sustainable and progressive future.
Empowering Multifaceted Careers
In her entrepreneurial and corporate roles, she prioritizes innovative practices tailored to Mongolia’s specific challenges. At Erel Group, she emphasizes adapting global solutions to the country’s climate, economy, and urban development needs. By incorporating precast and modular construction techniques, she has enabled cost reductions of 20-30 percent, significantly improving efficiency and durability.
Her focus on smart building technologies, including energy-efficient heating and automation, ensures the development of modern, sustainable infrastructures. Additionally, she champions alternative financing models, such as green bonds and OTC market instruments, to support sustainable infrastructure projects. These initiatives align with Mongolia’s vision of environmentally responsible and technology-driven urban transformation.
Her long-term aspirations for Mongolia’s real estate and energy sectors are deeply aligned with Vision 2050, which focuses on smart cities, energy transition, and affordable housing. At Erel Group, she is committed to creating energy-efficient real estate projects that reduce emissions and heating costs. She strategically aligns construction investments with renewable energy expansion, fostering the development of green cities and smart urban planning.
Furthermore, she seeks to establish a robust financing ecosystem that promotes sustainable infrastructure development, contributing to a modern and environmentally friendly Mongolia through consistent longterm efforts.
For women aspiring to pursue multifaceted careers, she advises focusing on adding value to every role they take on. A firm believer in solving problems transparently and fostering trust, she encourages women to build meaningful relationships and concentrate on their contributions rather than gender. She exemplifies the power of dedication and collaboration in achieving success.
“Mongolia is at a defining moment in its development, with real estate and energy sectors playing a critical role in economic modernization. At Erel Group, our mission is not just to build properties, but to develop sustainable, highquality urban spaces that will shape Mongolia’s long-term future”, signs off Batzul Gerelsaikhan.
Batzul Gerelsaikhan, Head (Properties), Erel Group
Batzul Gerelsaikhan is a seasoned Mongolian executive with 13+ years of experience in asset management, public relations, and sustainability. As Head of Properties at Erel LLC, she leads initiatives in ger district redevelopment, energy efficiency, and affordable housing. She is a Board Member at EuroChamber Mongolia, Chair of its Sustainability & Energy Working Group, and a Member of MASD’s OTC Market's Registration Committee. A Forbes "30 Under 30" honoree, Batzul also co-founded Sipster, blending entrepreneurship with community engagement.
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