Authorities of Erdenes Mongol meets ADB delegation

Society
anudari@montsame.gov.mn
2018-09-14 16:52:56
Ulaanbaatar /MONTSAME/ On September 13, CEO of Erdenes Mongol LLC P.Gankhuu met Seung-Min Lee, senior specialist at the East Asia Department of the Asian Development Bank (ADB), discussing implementation progress of the Strengthening Institutional Framework and Management Capacity Project and further actions to be taken.

At the beginning of the meeting, CEO P.Gankhuu emphasized the project implementation would continue even though some structural changes have been made to the Erdenes Tavan Tolgoi LLC, expressing confidence that the benefits of the project will greatly contribute to the preparation work for launching Erdenes Tavan Tolgoi's IPO at global market.

The senior specialist mentioned that currently, USD 6 million has been spent on the project’s advisory service and procurement, noting the possibility to make changes to the project. He also commended the project is being implemented successfully.
 
M.Anudari