Western region construction material factories to recieve state support

    During Monday’s Cabinet meeting Minister of Industry D.Erdenebat was made responsible for the development and commencement of Western Hold LLC’s cement factory in Buyant soum, Khovd Province, as part of an effort to provide support for construction material factories in the western region of Mongolia. Once built, Western Hold’s cement factory is expected to produce 250,000 tons of cement a year. Western Hold is building the cement factory to speed up development in the western region, increase production, and to increase jobs in the region. The factory is expected to add to the number of value-added products in Mongolia, increase exports, contributeto local tax revenue, and play a significant role in the region’s industrial development.