Government to provide support for building meat and food storage facilities

Economy | Agriculture
2019-11-19 17:40:37

Ulaanbaatar /MONTSAME/. An irregular meeting of the Cabinet today discussed draft decree on ‘Instructing the government’ initiated by President of Mongolia with a view to ensure safety of meat and food products and decided to convey some proposals to the draft. 

In particular, some changes are proposed including improving legal environment for trade of food raw materials of plant origin as well as wholesale and retail sales and issuing low interest loans for term of more than five years for building storage for food and meat products. 

The cabinet also made proposals to provide support in building storage with capacity of 500-1000 tons in rural areas and giving government support for establishing storage facilities and sales centers with nonstop operations financed by private-sector capital. 

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