Ulaanbaatar
Intergovernmental agreement on Biocombinat renovation project amended
Society
Ulaanbaatar /MONTSAME/ On November 21, Minister of Finance Ch.Khurelbaatar and Ambassador Extraordinary and Plenipotentiary of Hungary to Mongolia Mihály Gálosfai signed the amended agreement on General Programme of Financial Cooperation established between the governments of Mongolia and Hungary on January 25, 2016 in order to increase the budgeted cost of the Biocombinat state-owned factory renovation project.
Under the aforementioned project, a viral vaccine production facility and factory compliant with international Good Manufacturing Practice (GMP) Requirements will be newly built and fully equipped; infrastructure/utility systems of the factory will be expanded; and the staff to work at the new factory will have training.
The project will open up an opportunity to domestically produce the much needed vaccines
and medicines against foot-and-mouth disease and rinderpest and this will improve
livestock health, dramatically decline food insecurities caused by infections,
increase export of animal raw materials and products, and enhance herders’
livelihoods.
