Program on Heavy Industry Development approved

2019-05-29 18:40:48

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.