Toshiba and MNFCC have agreed to build a strategic partnership and to secure mutually beneficial cooperation in developing mineral resources in Mongolia.
On the basis of the MOU, Toshiba will seek to secure a mutually beneficial cooperative relationship with MNFCC, which is charged with providing strategic advice and policy implementation in the areas of mineral resources, energy, and social infrastructure under Mongolia’s public-private-partnership program.
Toshiba will conduct feasibility studies on major social infrastructure essential for securing Mongolia’s continued economic growth, including thermal, nuclear and solar photovoltaic power systems and transmission and distribution networks and will seek to promote mutual development of mineral resources in an effort to secure stable supply.
