Ikh Shankhiin Dugant LLC and Khanbogd Industry LLC are the first Oyu Tolgoi suppliers from Manlai soum. The capacity of Ikh Shankhiin Dugant LLC’s factory can produce more than 60,000 concentrate bags per year, whereas the Khanbogd Industry factory can produce up to 150,000 single use coveralls in a year. These companies signed three-year contracts with Oyu Tolgoi to supply concentrate bags and single use coveralls.

Oyu Tolgoi is committed to supporting small and medium-sized enterprises as part of our ‘Made in Mongolia’ strategy. Last May, Oyu Tolgoi signed agreements worth of MNT27.8 billion with nine small and medium enterprises of Umnugovi province. The agreements set the base for the cooperation with Ikh Shankhiin Dugant LLC and Khanbogd Industry LLC.

Ikh Shankhiin Dugant LLC and Khanbogd Industry LLC have also been trained at the Business Growth Centre (BIG), established by Oyu Tolgoi, GIZ and IFC to facilitate small and medium-sized enterprises’ growth and capabilities.

Mr. Sugir, the Chairman of the Citizen’s Representative of Umnugovi aimag and Oyu Tolgoi Operations Director Tim Eckersley participated in the opening ceremony of the two newly minted factories.

On the same day, the construction of a flood embankment has started in Khanbogd soum, Umnugovi aimag. The flood embankment construction is financed by the Gobi Oyu DSF, Oyu Tolgoi-sponsored development support fund. The Gobi Oyu DSF supports projects and programmes aimed towards sustainable development of the Umnugovi region with an annual budget of USD5 million. Since 2015, the fund has financed 83 projects and programs worth MNT45.2 billion.