Government to encourage growth of small and medium industries

The Mongolian government seeks
to encourage the country’s industrialization through the growth of
small and medium-sized businesses, according to a government official. 

Outlining the government’s
program, First Vice Premier N.Altankhuyag met Wednesday with representatives
of the Business Incubator Center, the Business Development Center, and
the Center for Support of Small and Medium-sized Businesses.  

“We cannot only develop industrialization
such as Tavan Tolgoi and Oyu Tolgoi. The industrialization begins with
the support of small and medium-sized enterprises and business people,"
N.Altankhuyag said. 

N.Altankhuyag further urged
the organizations to support small and medium sized businesses with
training and assist in their seeking to expand their facilities. 
 

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Archived Comments
INTJay
2008-12-04 04:12:18
Wonder what type of businesses are being proposed as targets for this development? This works ok for some types of business then has little chance of success in others.

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