Ulaanbaatar
Over Two Million Pairs of Shoes to Be Produced Annually Under the “White Gold” National Movement
Politics
Ulaanbaatar, April 18, 2025 /MONTSAME/. President of Mongolia Khurelsukh Ukhnaa visited shoe manufacturing enterprises under the “White Gold” National Movement.
President Khurelsukh first visited “Minii Gutal” LLC, located in the 31st khoroo of Bayanzurkh district, Ulaanbaatar. This company has been operating since 2011 and currently produces 200 pairs of “Yurdi” shoes daily. The company employs 32 staff and has distributors around all 21 aimags. Last year, it produced 42,000 pairs of shoes. Director of the company E. Tuvshintulga explained how the company expanded its manufacturing capacity and entered sustainable operation after receiving a working capital loan of MNT 600 million through the “White Gold” National Movement. The company plans to increase production up to 400 pairs per day and create 30 new jobs by 2027 through obtaining additional loans for equipment.
The Head of State also visited “Undur Urtyn Buyan” LLC, located in the 13th khoroo of Bayanzurkh district, Ulaanbaatar. The company has 45 employees and, after receiving an investment loan last year, established the country’s first shoe sole manufacturing facility. Currently, they produce 800 pairs of “Batur” brand shoes daily, with plans to double this number to 1,600 pairs by 2028 under the “White Gold” National Movement. “Minii Gutal” LLC and “Undur Urtyn Buyan” LLC collaborate by using domestic raw hides to produce footwear, supporting local industry.
Domestic producers can occupy a certain percentage of the market and export their goods. Directors of domestic manufacturers emphasized the need for continued support in loan and tax policies, extended repayment periods, and skilled workforce development. They also discussed the potential continuation of the “White Gold” National Movement beyond its planned conclusion in 2028.
Currently, out of 40,000 students enrolled in 69 vocational institutions, only 77 are studying shoemaking. Minister of Education of Mongolia Naranbayar Purevsuren announced plans to improve the “work and study” model for these students and reduce the training period from 6 months to one year.
This year, 10 commercial banks will provide MNT 300 billion in working capital loans and MNT 489 billion in investment loans, with The Government covering MNT 66 billion in subsidized interest. Mongolia currently produces one million pairs of shoes annually. The “White Gold” National Movement aims at doubling this figure.
