NDIC Chairman supports M-ICP initiative

Date:  Fri, 2010-09-17

NDIC Chairman supports M–ICP initiative

17 September, 2010 –– Ms. D. Nergui, Chairman and CEO of M–ICP meets with Dr. Ch. Khashchuluun, Chairman of the National Development and Innovation Committee. Dr. Khashchuluun finds M–ICP business initiative in the area innovation financing – use of intangible assets as loan collateral, technology and vendor qualification, research commercialization and global technology transfer important for Mongolia’s future development and expresses his and NDIC readiness to cooperate with M–ICP in these areas. Mr. B. Arvinbayar, Head of Private Sector and Innovation Policy Division and Mr. Otgochuluu, Director of ECRC attended this meeting. Ms. Nergui was invited to attend a conference on “Innovation and Development” for decision makers to be held next week which is a joint effort of NDIC, UNESCO and ISTIC.

Dr. Ch. Khashchuluun was a Dean of School of Economic Studies, Mongolian National University prior becoming a Chairman of NDIC and is one of leading economists of Mongolia who is a strong believer of making Mongolia as one of countries with accelerated rate of growth in the coming years to come and for prosperity of Mongolia.