Erdenet businessman to seek machinery during Taiwan visit
Wednesday, 20 June 2007
A Mongolian business group
will visit Taiwan later this week to explore purchasing equipment to
assist in the industrialization of Erdenet.
Following a decision by the
Mongolian government to turn Erdenet into a high-tech industrial park,
$15 million has been allocated to create this Mongolian “Silicon Valley.’
Copper mining in Erdenet is anticipated to end within the next 20 years.
Preparing for that, Erdenet is seeking to create a solid industrial
base.
Representatives of 16 Erdenet-based
companies will travel to Taiwan for talks with machinery suppliers.
The Mongolian businessman will
focus on purchasing a variety of equipment for processing jewelry, stones,
wood, leather shoes and ceramic tiles.
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