National companies urged to come together - News.MN

National companies urged to come together

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Old News! Published on: 2010.03.01

National companies urged to come together

News.MN
News.MN
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J.Oyungerel, Vice Chairman of the Governing Board of Petrovis LLC and Board Member of Energy Resources LLC, feels that the decision on building railways has to be taken on the basis of not whether it is technically or economically possible, but rather on how much it will help in the transport and export of Mongolia coal. He hopes the issue will be well separated from politics.


 


Export capacity cannot be achieved without cost efficiency and he wants serious negotiations with both the Chinese and Russian Governments to start without delay work on reliable transportation routes through their territory into sea ports, he has said in The Mogolian Mining Journal. Mongolia may have to work very hard to get such deals and the Government needs all help from the private sector in this. Their interests are complementary and the state also has to learn to trust the private sector. “For the last 20 years we have been hearing that we shall have an export-driven economy. Let us see something happen on the ground,” he said.


 


He also called upon Mongolian national companies to come together to jointly participate in such major economic projects. “This will assert our national independence and also serve the economic interests of Mongolia,” he argued. “The total Mongolian economy itself is smaller than many medium-size global companies but even then our business entities prefer being at loggerheads,” he said, and suggested, “We should pool together whatever money, experience and competence we have and jointly work on major projects that will define the future of the country.This is no time to compete internally among ourselves.” 

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