Ulaanbaatar
Program on Heavy Industry Development approved
Economy
Ulaanbaatar/MONTSAME/.
At its regular meeting on May 29, the Cabinet approved the Program on Heavy Industry
Development.
At the first stage, it is intended to develop metallurgy, machinery industry, oil refinery, deep coal processing and chemical industry. It is estimated that by
2026, the income from heavy industrial sector to the state budget will increase,
creating over 5000 jobs.
