In December 2003, Parliament endorsed the basic guidelines for the development of production and technology parks. Following these guidelines, ten production and technology parks are now to be built in Mongolia. The guidelines envisage developing these parks to support export-oriented industries, to introduce new technologies and to promote regional development and Mongolia's capacity to compete at the world market. The production and technology parks will be either: mixed (composed of several units to produce different products); specified (engaged in certain specific production), or tenant (ensuring jobs in a location or, producing strong drinks, developing services, small business and so on).
The following parks will be built:
- 1. Darkhan Production and Technology Park, specialised in export production output. It could also be of mixed character, processing agricultural raw materials to export its products.
- 2. Zuunmod Development Park, mixed, processing raw material of animal origin, developing cosmetic technology, incubator biotechnology and producing small, high-quality leather and woolen products.
- 3. Bagakhangai Air Service International Park, engaged in exportoriented services, promoting international transit flights andproducing food products.
- 4. Dornod Production and Technology Park in Choibalsan, mixed, engaged in processing minerals, meat and by-products, agricultural production output and export goods.
- 5. Altan Gobi Development Park in Choir, deep mineral processing and the development of information technology and coal and chemical technology.
- 6 and 7. Erdenet Production Technology Park in Erdenet; Khovd Production Park in Khovd, engaged in deep processing of agricultural output, export of meat and meat products.
- 8. Nalaikh Business Incubator Park to develop small businesses, support family business, small industries and services.
- 9. Selenge Park in Sukhbaatar, for export production to be engaged in woodwork, export of fertilizers, biotechnical fertilizers and assembly of heavy agricultural machines.
- 10. Zavkhan Production Technology Park in Uliastai, processing fertilizers, meat and meat products and agricultural raw materials for export.
These parks will be built relying on the development of traditional local branches. The parks are to develop in two stages from 2004 to 2008 and 2008 to 2010. The first stage will involve park construction, advertisement in foreign countries and the attraction of investors; the second stage envisages the full use of the parks. The parks will be encouraged with tax breaks and will, for instance, be exempted from land tax, tax on fixed assets, and from customs duty and VAT.
