(Ulaanbaatar) Jan 23, Minister of Industry D.Erdenebat and Minister of Defense Ts.Tsolmon have signed an MOU today.
Main focus of the MOU is to do the procurements for the defense forces to be done from the domestic suppliers in the scope of the Government of Mongolia 2012-2016 Program to support domestic manufacture sector.
MInister of Denfense Ts.Tsolmon:
Industrial products are a crucial part of the defense forces in every country and the notion of the defense industry is important. Moreover it is important to include private sectors as well. We have just signed an MOU with Ministry of Industry to support the domestic manufacture. This MOU is the beginning in the effort to support domestic manufactures and give them advantage. In this regard, private sector and domestic manufactures also required to express their initiatives, which will lead to the real outcomes.
Minister of Industry D.Erdenebat:
Domestic manufacture is advancing compared to few years before and are offering variety of products to the market. Defense sector procures over 600 variety of products manufactured by around 60 domestic manufactures. We provision potential to increase the product variety by 500 involving 55 more domestic manufactures. This is an opportunity to advance domestic manufacture and industry in terms of capacities and adherence to the international standards to replace the imports.
CEO of Khos Az LLC (shoes and purse manufacturer) N.Zorigt, representing domestic manufactures:
Although current economic situation is not very favorable for the manufactures, we are keeping our normal operations. We provide 60-80 people with jobs and our company is 100 percent domestic funded. We are in the process of developing our half-automated manufacture, which is to introduce latest technological advances and produce more varieties of products. Today's MOU signing is a great opportunity for the domestic manufacturers.
Textile Manufacture Association representative:
There is demand from the defence forces and on the other hand there are potential suppliers domestically with 100 percent capacities fulfill that demand. Currently we are employing only half of our potentials. This MOU is the starter for domestic manufactures to start full production.
This is one of the good example initiatives done at the Government level to support domestic markets and manufacturers in this time of economic downturn.
(Ulaanbaatar) Jan 23, Minister of Industry D.Erdenebat and Minister of Defense Ts.Tsolmon have signed an MOU today.
Main focus of the MOU is to do the procurements for the defense forces to be done from the domestic suppliers in the scope of the Government of Mongolia 2012-2016 Program to support domestic manufacture sector.
MInister of Denfense Ts.Tsolmon:
Industrial products are a crucial part of the defense forces in every country and the notion of the defense industry is important. Moreover it is important to include private sectors as well. We have just signed an MOU with Ministry of Industry to support the domestic manufacture. This MOU is the beginning in the effort to support domestic manufactures and give them advantage. In this regard, private sector and domestic manufactures also required to express their initiatives, which will lead to the real outcomes.
Minister of Industry D.Erdenebat:
Domestic manufacture is advancing compared to few years before and are offering variety of products to the market. Defense sector procures over 600 variety of products manufactured by around 60 domestic manufactures. We provision potential to increase the product variety by 500 involving 55 more domestic manufactures. This is an opportunity to advance domestic manufacture and industry in terms of capacities and adherence to the international standards to replace the imports.
CEO of Khos Az LLC (shoes and purse manufacturer) N.Zorigt, representing domestic manufactures:
Although current economic situation is not very favorable for the manufactures, we are keeping our normal operations. We provide 60-80 people with jobs and our company is 100 percent domestic funded. We are in the process of developing our half-automated manufacture, which is to introduce latest technological advances and produce more varieties of products. Today's MOU signing is a great opportunity for the domestic manufacturers.
Textile Manufacture Association representative:
There is demand from the defence forces and on the other hand there are potential suppliers domestically with 100 percent capacities fulfill that demand. Currently we are employing only half of our potentials. This MOU is the starter for domestic manufactures to start full production.
This is one of the good example initiatives done at the Government level to support domestic markets and manufacturers in this time of economic downturn.