Economy
The region around the city is famous in Mongolia for its watermelon crop.
There is a sizable hydroelectric dambuilding project underway that will theoretically generate enough electricity to power the three most western aimags (Uvs, Bayan-Ölgii, and Khovd). Currently, the city of Khovd is connected to the Russian power grid and subject to blackouts if it falls behind in its payments.
Read more about this topic: Khovd Province
Famous quotes containing the word economy:
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)