EBRD keen to assist Mongolia’s dairy sector potential
The event, “Future Opportunities in Mongolia’s Dairy Sector,” took place in the Mongolian capital Ulaanbaatar. Assistance was provided by the European Union.
It was attended by more than 100 private companies and public stakeholders.
The conference provided a platform for discussion among milk producers, processing companies, public organizations, professional associations, international agencies and training institutions.
Dairy producers and EBRD clients such as Suu, APU, Vitafit and Teso presented their products, and participants were offered information about international development programs available to Mongolia’s dairy sector.
Key to economy
The EBRD shared the findings and recommendations from its advisory project “Improving productivity of dairy farmers,” which assessed the technical and market capacity of 13 local farms in 2015.
Victoria Zinchuk, head of agribusiness advisory, EBRD, said dairy production is a key sector for the Mongolian economy and the country could become self-sufficient in milk and other dairy products.
She added there are processing companies keen to develop dairy value chains, and that the EBRD has already supported companies through financing and advisory support.
The conference will be followed by practical on-farm training later this year, covering topics such as production of quality winter forage, animal nutrition, health, treatment of young stocks, soil analysis and identification of animal feed plants.
The EBRD has supported the Mongolian agribusiness sector since 2007, including almost all major dairy producers and processors in the country, with investments amounting to €60m ($64m).