Bodi Group

What Bodi Group does

Bodi Group (Бодь Групп) is a privately held Mongolian diversified conglomerate headquartered in Ulaanbaatar, founded during Mongolia's democratic transition in 1990 (with the firmographic record citing 1993). It operates through 15+ wholly-owned subsidiaries spanning infrastructure construction, mining and energy, real estate development, tourism and hospitality, healthcare, and engineering services. The group's business model centers on securing and executing mega-projects for the Mongolian government and international mining operators, including the 600 MW Buuruljuut coal-fired power plant (first 150 MW block commissioned in 2025), the Tavantolgoi-Gashuunsuhait railway corridor completed for Tavantolgoi Railway LLC in 2019-2022, the Tavantolgoi-Zuunbayan railway connection enabling 15 million tons/year of cargo transport, and a 20 million tons/year coal logistics center commissioned in 2024. Notable fixed-asset and real estate projects include the Bodi Tower (Ulaanbaatar's tallest building with the city's first smart building system, 2003), the Embassy Residence first full-service residential building (2011-2013), and the Red Rock Resort at Gorkhi-Terelj (operational since 2015).

The group's revenue model is project-based and predominantly B2B/B2G, monetizing through one-time construction contracts, mining and energy operations (transaction-based coal and power generation), real estate development (one-time property sales and leases), and tourism/hospitality services at the Red Rock Resort and Mongolian National Park. Customer concentration is anchored on a small set of enterprise and government counterparties: Oyu Tolgoi LLC (Orgoo complex worker accommodation), Tavantolgoi Railway LLC (railway corridor), and various Mongolian state agencies and SOEs. The group employs 1,001-5,000 staff directly, supports 20,000+ direct and indirect jobs, and reports approximately 2 trillion MNT in cumulative taxes over the past four years (per company history; scale commentary cites 2 billion ₮, a discrepancy). Distribution is single-country domestic via direct enterprise sales and public-private partnerships, with the corporate website and social media used for top-of-funnel awareness rather than active demand generation. Operational footprint is concentrated in Ulaanbaatar and Mongolia's central region, with major industrial sites at Buuruljuut and Tavantolgoi.

Name

Bodi Group

Legal name

Бодь Групп ХХК

Website

https://bodigroup.mn

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Bodi Group (Бодь Групп) is a privately held Mongolian conglomerate operating through 15+ subsidiaries that delivers large-scale infrastructure, energy, mining, real estate, and tourism projects to the Mongolian government and major mining operators such as Oyu Tolgoi and Tavantolgoi.

Ownership category

akta.pro rank

Product category

Infrastructure Construction Services

NAICS

Utility System Construction (2371)

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600)

akta.pro primary industry

Balance-of-Plant (BOP) & Civil Works for Power Plants (EUAEAAAL)

akta.pro secondary industry

Civil & Site Works EPC (Earthworks, Roads, Drainage, Foundations) (EUAEADAA)

Keywords

• Infrastructure construction services
• Coal-fired power generation
• Railway infrastructure development
• Mining support services
• Commercial real estate development

Headquarters

HQ city

Ulaanbaatar

HQ country

Mongolia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D

Revenue model

1. Construction and Infrastructure Services: Construction and infrastructure development including railways, logistics centers, and civil works for government and corporate clients in Mongolia
2. Mining and Energy Operations: Coal mining operations at Buuruljuut and power generation from associated power plant facilities
3. Real Estate Development: Residential and commercial property development including office buildings and housing complexes
4. Tourism and Hospitality: Resort operations, entertainment facilities, and catering services including Red Rock Resort and National Culture Recreation Center

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Bodi Group is a Mongolian conglomerate that delivers large-scale infrastructure construction, mining support, energy generation, railway construction, real estate development, tourism/hospitality, and healthcare services through 15+ wholly-owned subsidiaries. Its flagship infrastructure assets include a 600 MW coal-fired power plant (Buuruljuut), a 20 million tons per year coal logistics operation (Tavantolgoi), and railway construction services (Bodi Rail). It serves Mongolian government agencies and large mining operators including Oyu Tolgoi and Tavantolgoi.

Product overview

Bodi Group is a Mongolian national leading conglomerate comprising multiple subsidiaries operating across construction, infrastructure, mining, energy, and tourism sectors. The group operates through distinct subsidiary companies including BODI INTERNATIONAL (infrastructure/construction), BODI PROPERTIES (real estate), BUURULJUUT POWER PLANT (energy generation), INCON (engineering), and BODI RAIL (railway projects), alongside TSETSENS MINING AND ENERGY (mining/power), RED ROCK RESORT (hospitality), and MONGOLIAN NATIONAL PARK (entertainment). The portfolio also includes BODI ACADEMY for internal training and development. Major projects span 600MW power plants, railway infrastructure, coal logistics centers, smart buildings, healthcare facilities, and recreational complexes. The group also implements the 4B wellness program for employees and publishes annual ESG (BONZ) sustainability reports. With 30+ years of experience and 15+ companies, the group has contributed approximately 2 trillion MNT in taxes to the national treasury over the past four years.

Differentiator

Problem solved

Functional benefit

Products and services

• Bodi International Infrastructure Construction Large-scale civil engineering and infrastructure construction services delivered by Bodi International for government and enterprise clients, including roads, buildings, and heavy civil works across Mongolia.
• Buuruljuut Coal-Fired Power Generation Coal-fired electricity generation provided through the Buuruljuut Power Plant with a 600 MW capacity, supplying the Mongolian national grid and large industrial off-takers including mining operators.
• Tavantolgoi Coal Logistics Large-scale coal handling, logistics, and transportation services operated by the Tavantolgoi subsidiary with a stated 20 million tons per year capacity, serving Mongolia's major coal mining operations.
• Bodi Rail Railway Construction Railway construction and engineering services delivered by Bodi Rail for the Mongolian rail network and industrial rail connections serving mining and logistics customers.
• Tsetsens Mining and Energy Operations Mining operations and energy-related activities operated by the Tsetsens Mining and Energy subsidiary as part of Bodi Group's vertically integrated resource value chain.
• Bodi Properties Real Estate Development Commercial and residential real estate development services delivered by Bodi Properties, covering the group's headquarters, commercial properties, and residential developments in Mongolia.
• Red Rock Resort Resort and hospitality services provided by the Red Rock Resort offering, targeting leisure and business travelers in Mongolia.
• Mongolian National Park

Quantifiable outcome

• 600 MW new power generation capacity for central region through Buuruljuut Power Plant
• +4 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• Oyu Tolgoi LLCcoreStrategic or Co-development PartnerBodi Group subsidiary constructed the Orgoo complex camp project to provide comfortable living environment for Oyu Tolgoi workers. This represents a key partnership with one of Mongolia's largest mining operations.
• Tavantolgoi Railway LLC (Тавантолгой төмөр зам ХХК)coreStrategic or Co-development PartnerCompleted Tavantolgoi-Gashuunsuhait railway corridor construction (2019-2022) and delivered the project to client. Also connected to Tavantolgoi-Zuunbayan line enabling 15 million tons annual cargo transport capacity.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Power Construction Corporation of China (PowerChina): PowerChina is one of the world's largest power plant EPC contractors, building hydro, thermal, and renewable power projects globally. Directly comparable to Bodi's Buuruljuut 600 MW coal-fired power plant buildout and Tsetsens Mining and Energy subsidiary.
• China Railway Construction Corporation (CRCC): CRCC is the world's largest railway construction contractor, specializing in heavy-haul rail for mining and freight corridors. Directly comparable to Bodi Rail's Tavantolgoi-Gashuunsuhait railway project and the 15 Mt/yr cargo logistics corridor.

Regional players

• Daewoo Engineering & Construction: Daewoo E&C is a Korean EPC firm active in power plants, oil and gas, and civil infrastructure projects across MENA and Asia. Comparable as a regional competitor for the same type of power and infrastructure mega-projects.
• Samsung C&T Corporation: Samsung C&T is a diversified Korean conglomerate with engineering and construction, trading, and resort operations. Comparable to Bodi's diversified structure spanning construction, energy, and hospitality subsector plays.
• Hyundai Engineering & Construction: Hyundai E&C is a leading Korean EPC contractor with strong international project execution in power plants, industrial facilities, and infrastructure. Comparable as a regional Korean contractor competing for large Asian infrastructure projects.

Broad incumbents

• Fluor Corporation: Fluor is a global engineering, procurement, fabrication, construction, and project management company with strong mining, power, and infrastructure capabilities. Comparable to Bodi's integrated EPC approach to mining-adjacent infrastructure.
• Bechtel Corporation: Bechtel is a US-headquartered global EPC contractor executing large-scale infrastructure, mining, and power projects. Comparable as a broad incumbent that competes for the same type of mega mining infrastructure and energy projects that Bodi delivers.
• China Energy Engineering Corporation (CEEC): CEEC is a major Chinese state-owned EPC group focused on power generation, transmission, and integrated energy infrastructure projects worldwide. Comparable to Bodi's combined power plant, transmission, and energy subsidiary portfolio.
• China State Construction Engineering Corporation (CSCEC): CSCEC is the world's largest construction company by revenue, with broad infrastructure, residential, and commercial building operations globally. Comparable as a broad incumbent that competes for mega infrastructure and building projects in Central Asia and emerging markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/thebodigroup
• Facebookfacebook.com/bodigroup.mn
• LinkedInlinkedin.com/company/bodi-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bodi Group