In his opening remarks, PM U.Khurelsukh noted it is vital that the Government implements proper policy, backing industrialization. "Public-private partnership is a gateway of the country’s flourishment. The Government will fully support its businesses and wealth creators. I assign members of the council to formulate proper policy to develop industrialization."

Members of the council discussed seven presentations that touched upon issues such as investment report on state budget in industrial sector, pressing issues on it, recommendations on upgrading legal environment, the Government support as well as making tax environment favorable and personnel training and approved its 2019 action plan.

With state budget funding, the Government made purchase worth of MNT 1-1.2 trillion in 2017 and 2018 respectively of which over 40 percent were from national producers.