Mongolia has 66 million livestock; however, there is a lack of leather and meat processing factories.  B.Batzorig, Minister of Food, Agriculture and Light Industries has said his ministry is planning to establish a Leather & Wool Industrial Park in Emeelt, outside Ulaanbaatar. The park will have tanneries with an annual processing capacity of 8 million hides; there will also be facilities for processing 22 thousand tonnes of cashmere.  In order to provide the workforce for the processing plants a new town 30 thousand will be built.