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NEW ASIA GROUP TO BUILD AGRICULTURAL INDUSTRIAL PARK IN ZAVKHAN

The Ministry of Industry and Agriculture has selected New Asia Group LLC to lead construction of a new industrial park for the processing of agriculture goods in Zavkhan Aimag.
The ministry will provide low-interest financing for the plant’s construction at Telmen Soum, where there will be production of leather, wool, fruit, dairy and meat goods. Zavkhan was chosen as a central gathering point for herders' goods from five of the provinces in Mongolia, where there are 22.5 million livestock. Mongolia is subsidizing raw animal goods such as raw sheep or camel wool to encourage herders to sell their goods to such domestic factories rather than foreign merchants. The park would be located nearby a 100-megawatt power station that is also planned for construction.

Source: Business-Mongolia.com