Mining sector to be supported with EBRD’s help
Mining and Heavy Industry Minister D. Sumyabazar met representatives of EBRD and Head of EBRD Office in Mongolia
Mining and Heavy Industry Minister D. Sumyabazar met representatives of the European Bank for Reconstruction and Development (EBRD) and the Head of EBRD Office in Mongolia, introduced EBRD’s ongoing projects in Mongolia. Minister D. Sumyabazar thanked the EBRD for its cooperation in formulation of the Bill on Mining and informed that the ministry plans to introduce a revised version of the Bill to public and organize a wide-range of discussions on the Bill with involvement of mining experts and specialists, relevant NGOs and experienced seniors of mining sector. Agreeing with the Minister’s position, Irina Kravchenko expressed EBRD’s further interest to promote projects on accountable and value-added minerals production. She also added that it plans to implement a project to repair Oyutolgoi-Khangi road in Umnugobi aimag as the mining sector is inseparably connected with road and transport sector. Mining Minister said that the ministry is working to formulate a program ‘National Geo-database’ and have it approved by the Government in early 2018. In this regard, he put forward a request to render supports to create a software of modern geo-database and build a capacity of personnel within the frame of the program.
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