Mongolian Cashmere Industry Overview. Mongolian Cashmere Industry Overview. Mongolian Government Policy on Cashmere. Major challenges and investment opportunities. CHALLENGES. REQUIRED FUNDING. 1. Raw material funding for local manufacturers.
1. Raw material funding for local manufacturers
About 85% or 6000tn of raw cashmere exported to other countries unprocessed.
≈ U$300 million
2. Capacity increase
≈ U$145 million
3. Factory building
7000 m2 of more factory space required for production and machinery installation
≈ U$35 million
4. Workforce and foreign market
Domestic market - U$ 212 million,
U$1.6 billion foreign market required after capacity increase
Current industry workforce - 6000.
7000 skilled and trained workforce required after increasing processing capacity
Mongolian cashmere companies
Cashmere project financing model
- collateral (real estate, land)
- credit history, image
- additional cost (bank margin)
Mongolian government jointly with Mongolian cashmere industry invite your cooperation through FDI, mezzanine financing, Concession agreements, JV, purchase order financing etc.,