Management of Erdenet Carpet Company announce that Chinggis Bond funding distributed to enterprises and companies in Mongolia to help maintain the production and manufacturing sectors have played a role in bringing new changes to Erdenet Carpet. 

The company received a soft loan of 17.4 billion MNT and upgraded its technology. The company has introduced the latest modern technology from Japan and Germany and replaced old equipment.

The company has begun to produce carpets using 3D technology and will introduce the new carpets to the market very soon.

Erdenet Carpet makes up 91 percent of the total carpet production in Mongolia, and it buys wool from local herders. All stages of the carpet manufacturing process is carried out at the factory.

In addition to manufacturing carpets, the company produces felt and insulation materials for construction and building.

The building insulation has been purchased by Nomin Construction. Presently, the company is exporting carpets to Japan, Kazakhstan, Australia, and more 20 countries.