On 13^th October, the Ministry of Industry and “MAK Cement LLC” signed an investment contract for the “Khuh Tsav-Cement and Lime Factory” project. The project will be implemented by “MAK Cement LLC”, the 100% subsidiary of the “Mongolian Gold Company”. As a result of the “Khuh Tsav-Cement and Lime Factory”, USD 32.1 million annually (a total of USD 961.9 million) will accumulated by the State Budget as tax revenue. The project will provide Mongolian 480 citizens with the jobs.