National industries to go global

Ulaanbaatar /MONTSAME/ "Royal Resource Mongolia" LLC called a press conference April 8 to give information about scheduled this April 10 forum for "Mongol Jinchin" project. The project aims at advertizing and commercializing the products of the national industries to the global market. It received support of the Ministry of Industry, Ulaanbaatar Center for Small and Medium Enterprises’ Development, and the National Chamber of Commerce and Industry. Project managers said they will cooperate initially with 100 entities busy in sectors other than mining. According to Royal Resource Mongolia’s plan, the project's parties will engage in foreign trades with a volume of MNT 38 billion, and will accumulate 446 million in the state budget. They are working on opening shopping centers in China, Russia, in Europe and North America. More detailed information will be provided at the forum, said the project team.