NDIC prepares list of 26 major projects for implementation in the first stage of the Action Plan

The National Development and Innovation Committee (NDIC) has collected comprehensive information and prepared preliminary estimates on 26 major projects to form part of the Government program on implementing its Action Plan. Earlier, a Government decree had asked several ministries as also the NDIC to submit to the Government before the end of 2009 a list of projects to be offered to foreign and domestic investors. Ch.Khashchuluun, NDIC Chairman, has said the aim of the exercise is to diversify the national economy and make it a multi-pillared one, as well as attract investment.

According to him, the basic NDIC criteria for selection were that the project should require a minimum investment of $200 million and should meet priority needs of economic and social development. The 26 proposals were selected after an evaluation of their impact upon exploitation of mineral resources deposits, industrialization, and infrastructure, and after considering their economic and social significance, feasibility and likelihood of implementation, and likely contribution to sustainable economic development and to the furtherance of research and production of high technology.  

The NDIC has published a list of the projects and the priority considerations behind their selection.

1.    Developing the mining sector by exploiting mineral resources deposits and setting the foundation for heavy industry: The emphasis was on large factories to process coloured and black metallurgy and petroleum.

2.    Developing intensified agriculture and implementing the industrialization policy: The emphasis was on high technology-based factories to develop cattle breeding and farming, and to supply the entire domestic demand with products that meet requirements of hygiene.   

3.    Developing infrastructure: The emphasis was on projects linked with exploiting strategic mining deposits. For example, the projects include the construction of a new railroad, increasing the present capacity of the railroad network so that transit transportation capacity also increases, establishing new power stations and constructing paved roads in rural areas.

4.    Providing sustainable development through improving human resources and protecting the environment: The emphasis was on projects on environment protection, tourism promotion, and establishment of training-production centres for information technology.

5.    Improving governance and supporting private sector: The emphasis was on supporting manufacturers in the private sector and developing public-private-partnership.

The following is the list of 26 major projects prepared by the National Development and Innovation Committee to be implemented by the Government in pursuance of a decree.

/Unofficial translation/

Annex of Government Decree N 320, 2009

LIST OF LARGE PROJECTS WITH TOP PRIORITIES TO BE
IMPLEMENTED BY THE GOVERNMENT