The decision to reduce the import cement tax was made. And it will disrupt the operations of 7 factories and negatively affect the wages and supplies of over 3,000 employees of the manufacturing sector and more than 10,000 employees of supplier companies.
As of today, there are 7 cement factories operating in Mongolia, and these factories have the capacity to produce 4.5 million tons of cement per annum.
While domestic cement consumption is 1.8 million tons per year, and Mongolia's cement production is 2.5 times higher than consumption. In this situation, the government has decided to reduce import tax, which negatively affects the operation of domestic manufacturers.
- Erel Cement Factory - 180 thousand tons capacity per year.
- Cement Shohkoi LLC – 1 million tons of cement per year.
- Moncement Building Materials LLC – 1 million tons of cement per year.
- Munkhiin Bayan Gal LLC – 1 million tons of cement per year.
- Mak Euro Cement LLC – 1 million tons of cement per year.
- Nalgar Tushig LLC - 50,000 tons of cement per year.
- Khovd Eco Cement Plant LLC – 280,000 tons of cement per year.
Domestic factories will have disrupted operations due to this decision. And low-quality cement into the construction industry will be open and low-quality construction will be built.
During this period of China’s construction sector declining, those cements which have been reserved for a long time will be imported to Mongolia. As a result, low-quality buildings will be built and domestic cement producers will be under pressure.
Domestic producers always request for support and solutions from the government, telling the problem of transportation and logistics affects the price the most, but the government has decided to reduce the import tax and give pressure on domestic producers.
The decision to reduce the import cement tax was made. And it will disrupt the operations of 7 factories and negatively affect the wages and supplies of over 3,000 employees of the manufacturing sector and more than 10,000 employees of supplier companies.
As of today, there are 7 cement factories operating in Mongolia, and these factories have the capacity to produce 4.5 million tons of cement per annum.
While domestic cement consumption is 1.8 million tons per year, and Mongolia's cement production is 2.5 times higher than consumption. In this situation, the government has decided to reduce import tax, which negatively affects the operation of domestic manufacturers.
- Erel Cement Factory - 180 thousand tons capacity per year.
- Cement Shohkoi LLC – 1 million tons of cement per year.
- Moncement Building Materials LLC – 1 million tons of cement per year.
- Munkhiin Bayan Gal LLC – 1 million tons of cement per year.
- Mak Euro Cement LLC – 1 million tons of cement per year.
- Nalgar Tushig LLC - 50,000 tons of cement per year.
- Khovd Eco Cement Plant LLC – 280,000 tons of cement per year.
Domestic factories will have disrupted operations due to this decision. And low-quality cement into the construction industry will be open and low-quality construction will be built.
During this period of China’s construction sector declining, those cements which have been reserved for a long time will be imported to Mongolia. As a result, low-quality buildings will be built and domestic cement producers will be under pressure.
Domestic producers always request for support and solutions from the government, telling the problem of transportation and logistics affects the price the most, but the government has decided to reduce the import tax and give pressure on domestic producers.