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Mongolian Cashmere Industry Overview. Mongolian Cashmere Industry Overview. Mongolian Government Policy on Cashmere. Major challenges and investment opportunities. CHALLENGES. REQUIRED FUNDING. 1. Raw material funding for local manufacturers.
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Major challenges and investment opportunities CHALLENGES REQUIRED FUNDING 1. Raw material funding for local manufacturers About 85% or 6000tn of raw cashmere exported to other countries unprocessed. ≈ U$300 million 2. Capacity increase ≈ U$145 million 3. Factory building 7000 m2 of more factory space required for production and machinery installation ≈ U$35 million 4. Workforce and foreign market Domestic market - U$ 212 million, U$1.6 billion foreign market required after capacity increase Current industry workforce - 6000. 7000 skilled and trained workforce required after increasing processing capacity
Government support programs for the Mongolian cashmere industry Mongolian Government Commercial Bank Mongolian cashmere companies Government funding Secured loan Cashmere project financing model - collateral (real estate, land) - credit history, image - additional cost (bank margin)
Cashmere industry investment opportunities Mongolian government jointly with Mongolian cashmere industry invite your cooperation through FDI, mezzanine financing, Concession agreements, JV, purchase order financing etc.,