Government approves cashmere program www.news.mn
The Mongolian government has approved a new cashmere programme to be implemented in two stages over four years. It will help keep the exisiting 5500 jobs in the cashmere sector and to create over 3600 new ones. Regarding the manufacturing capacity of fully processed cashmere, this will be increased final by 5.7 times.
Last year, Mongolia produced 5413 tonnes of washed cashmere, 509 tonnes of combed cashmere and 915 thousand of goods made from the wool.
If Mongolia can produce processed cashmere domestically, the country would be able to export to19.8 million textile goods annuall
Published Date:2018-02-08