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Cashmere Industry Takes Off in West Mongolia |
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Saturday, 29 April 2006 |
Ulaanbaatar, /MONTSAME/. A cashmere processing industry Avatex - Kainar
of a joint Mongolian-British company has been put into operation in
Bayan-Ulgii Aimag. The small-sized industry has capacities to annually
export 140 tons of washed cashmere and employ 50 people in a shift. The
industry, which is capable to significantly hold down the cashmere
prices at the Mongolian market, to develop the national production and
to provide the unemployed with jobs, is jointly established by Mr.
A.Merat and Mr. S.Kidirpatsha, directors of the Kainar and Avatex -
Kainar companies, under the initiative of MP A.Murat. The industry
equipment were installed by specialists from Russia and China.
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