Four meat factories to be built with Chinese loan of USD78 million

2018-04-13 18:24:21
Ulaanbaatar /MONTSAME/ State Secretary of Ministry of Food, Agriculture, Light Industry signed a USD 78 million loan agreement with a Chinese company within the framework of soft loan to be granted from Government of China to Mongolia. The agreement was one of 11 documents of cooperation and mutual understanding between two countries established in scope of the official visit of Prime Minister U.Khurelsukh to China. Under the agreement, four meat factories and quarantine zones will be established in the Gobi, Khangai, Western and Eastern regions of Mongolia.

It will greatly increase meat exports of Mongolia, underlined Minister of Food, Agriculture, Light Industry B.Batzorig. "Within the scope of the Prime Minister's visit, Mongolia and China agreed to work in a comprehensive partnership level and continue the previous works. During the visit Ministry of Food, Agriculture, Light Industry of Mongolia signed a memorandum of cooperation with the Ministry of Commerce of the People's Republic of China on supporting small medium enterprises, exchanging information and increasing the investment.  Export of agricultural commodities and products to China is very important" the Minister said. 

Minister of Education, Culture, Science and Sports Ts. Tsogzolmaa said "During the Prime Minister's visit our ministry has renewed two major cooperation agreements. The first agreement is on cooperation in education sector from 2018-2021 which includes the completion of school and kindergarten buildings and supplementary funding for the Development center for disabled children, teacher exchange and training. Secondly, we signed an agreement to comprehensively cooperate in Sports sector, including training of couches of human resource and athlete exchange in judo, freestyle wrestling and boxing sports until the Tokyo Olympics"