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Government to encourage growth of small and medium industries PDF Print E-mail
News - Economy
Thursday, 04 December 2008 07:56
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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reply written by INTJay, December 04, 2008
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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Last Updated on Thursday, 04 December 2008 08:04
 
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