One of the biggest producers of cashmere and wool products, the “Gobi” Corporation announced Wednesday that it has started processing of raw cashmere of this year.
Having a motto “From goat to coat”, the Corporation has begun this work to stimulate herdsmen to hand over raw materials to national producers, and to express thanks to them. “This measure is like a festival of farmers that they celebrate when all crops have been harvested” the Corporation’s official said.
The “Gobi” Corporation was founded in 1981 with a capacity of processing 1,000 tons of cashmere. Since Mongolia transmitted into market economy system, the factory suffered a lack of raw materials therefore it has not worked in its full capacity. In 2011, a condition became better to revive the cashmere and wool industry after the country set a goal to produce value-added and final products with raw materials provided by herdsmen. Before they used to sell most of raw materials to foreign companies.
As the result, the “Gobi” Corporation has created some 50 new jobs at first-stage processing workshops, and had a great opportunity to increase kinds of export products.
The “Gobi” Corporation is considered as the largest exporter of Mongolia to produce sewn and knitted clothes made of cashmere and camel wool.