2016.10.20
- PRESS RELEASE
We are pleased to announce that, on October 13, 2016, at the Mongolia Trade and Investment Forum held at JETRO Headquarters in Tokyo and jointly organized by JETRO and the Embassy of Mongolia in Japan, PRECI signed a Memorandum of Understanding (MOU) regarding a joint business initiative with Mongol Dry Milk (MDM). The signing was conducted with the support of Prime Minister Erdenebat and the Ministry of Education, Culture, Science and Sports of Mongolia. This joint venture is a national project aimed at purchasing milk from livestock owned by nomadic herders throughout Mongolia at fair market prices and producing large volumes of long shelf-life dried milk powder products through the efficient, high-capacity spray drying of raw materials. Through this collaboration, we will contribute not only to the development of a sustainable manufacturing and distribution infrastructure for dried powder products in Mongolia, but also to the continuous improvement of income opportunities for the country’s nomadic herders.
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