Coal Mongolia 2015: Presentation of Battsengel.G, CEO of Energy Resources LLC

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2015-04-09 11:47 GMT+8

Battsengel.G, CEO of Energy Resources LLC has made presentation on "Mongolian Coal Industry`s Competitve Position".

"Mongolians used to mine coal for USD 20 and sale it for USD 40. However, Mongolians recognized that operation will not be continued for a long term.

The Ministry of Roads and Transportation has formed the legal basis of infrastructure development. Thus, transit ports are able to operate in the framework of law."

"We are following the principle of water is treasure. If state working as a coordinator to transit transportation, business organizations will be started to operate actively. In result, business organizations will pay taxes and employment will increase. Ultimately, the investor side bears the highest risk."

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