Ulaanbaatar
Minister P.Sergelen visits local industries
PoliticsUlaanbaatar /MONTSAME/ On March 10, P.Sergelen, Minister of Food, Agriculture and Light Industry of Mongolia visited some larger Mongolian companies, Monfresh Group, Gobi, Sunshiroh and Best Shoes to get familiar with their activities.
Firstly, the Minister visited Monfresh Company, which uses 100 percent liquid milk for its milk products and three types of cheese made by French technologies. It provides 15 percent of the domestic consumption and has been exporting its products to Japan since February 2017. J.Temuulen, General Manager of ‘Monfresh’ company said “We got involved in a project of the Asian Development Bank in 2010 and received USD 2.4 million financing to make technological renovation.
Afterwards, the Minister visited Gobi cashmere factory engaged in manufacturing of knitted goods, coat, shawl and blanket. The Gobi Company, employing over 1800 people now, aims to have over 3000 workers by 2020 and to become number 1 cashmere coat manufacturer by 2018.
He then got acquainted with the activities of Sunshiroh, which exports its wool and cashmere goods to the UK, Switzerland and Japan. P.Borkhuu, Director of ‘Sunshiroh’ Company said that credit system of Mongolia imposes burden on domestic manufacturers. In other words, producers would get benefit from long-term loans with low interest rates.
The Minister P.Sergelen visited the last company “Best shoes”. B.Tuvdennyam, Director of “Best shoes” Company requested Minister P.Sergelen to continue the government support manufacturers with its procurements and noted that government's promotion with procurement for three years would help local producers to grow further.
In conclusion, Minister P.Sergelen said “In the scope of the ‘Industrial 21:100’ program, Mongolia needs to increase the capacity of factories and develop small and midsized enterprises. In order that, we are getting familiar with some industries to study the current situation. Subsequently, we will develop a plan to establish new industries and increase the present capacities. The Ministry of Food, Agriculture and Light Industry will be working to promote local producers of Mongolia”.
