‘Made in Ulaanbaatar’ launches in capital city
Nearly 64 percent of all companies in Mongolia operate in the capital city Ulaanbaatar.
‘Made in Ulaanbaatar’ launches in capital city. Nearly 64 percent of all companies in Mongolia operate in the capital city Ulaanbaatar. Thereby, with an aim to boost processing industry in the capital city, the Citizens Representative Meeting of the capital city recently approved a sub-program ‘Made in Ulaanbaatar’. The subprogram aims to support producers through the cluster, investment and proper policy, to improve the competitiveness of products and services, to create jobs through promoting and increasing sales of products with the label ‘Made in Ulaanbaatar’. A discussion was held in connection with the sub-program development with the participation of over one thousand entrepreneurs and proposals by businessmen were reflected in the sub-program. As a result of the sub-program, high-quality new products and services with the label ‘Made in Ulaanbaatar, which replaces importing products are expected to be created and positively influence to the national economic growth. Moreover, a policy to support eco-friendly production will be realised, domestic production of products, which meet customers’ needs, will be protected and supported through budgetary procurement, foreign investment and financial policy, underlined the capital officials.
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