Ulaanbaatar
Minister of Industry reports at “Hour of Minister” meeting
PoliticsUlaanbaatar /MONTSAME/ The Minister of Industry D.Erdenebat gave a report on a policy of the industrial sector and some ongoing works, at the “Hour of Minister” weekly meeting on Thursday.
Size of import tax on some kinds of products has been altered by a governmental resolution. Regulations of import tax have been performed in products of labor safety clothing and foot wears which are used in the industrial sector, the Minister said. Such regulations have been made in products of concrete structure materials as an intensive development of construction material productions in Mongolia, he added.
The Minister pointed out a place has been selected to erect oil refineries. By a governmental decision, the oil refineries will be constructed in Khentii aimag’s Bor-Ondor soum, and it will have a capability of processing 2.3 million tons of oil a year. Moreover, it is about to announce a tender on building a 540 km oil pipe between Donrod aimag and Khentii aimag’s Bor-Ondor, he added.
At the meeting, the Industrial Minister also reported about a course of works to formulate feasibility studies for a copper-purifying factory and metallurgical plant, a credit for small- and middle-sized business and a national programme on supporting export.
