From consumer to producer Aimag

  • 2019-03-27

Governor’s office of Zavkhan aimag together with the Aimag Support Council in Ulaanbaatar jointly organized an investment forum “From consumer to producer Aimag”  on April 17th.

The forum was organized to seek broad engagement of central and local entrepreneurs and entities in establishment of feasible conditions for family income generation to accelerate its growth through strengthening the public-private partnership. Zavkhan has started a number of activities to increase household income by setting up small and medium-sized enterprises based on the region’s unique resources, advantages and disadvantages.

The forum has gathered more than 300 representatives from Mongolian Parliament, government, Ministries and agencies, as well as Zavkhan government, academia, banks and business companies and association of students. During the forum, various meetings were held between the participants brainstorming on the development of their home – Zavkhan aimag, expressing their interests in investment. As a result, contracts and memorandum of understandings were signed for more than 30 billion MNT investment in the Zavkhan aimag development, as reported by the Governors’ office.

Khomyn Talyn Takhi signed a Memorandum of Understanding to invest in establishment of seabuckthorn production unit, worth 150 million MNT, in Durvuljin soum, Zavkhan aimag.