Source: Montsame                     Date: 03 June, 2011

The agreement appointing  US-based Bechtel to provide general consultancy services for the Sainshand industrial complex was signed last week by Mr. Ch.Khashchuluun, head of the National Development and Innovation Committee (NDIC), and Mr. Steven R. Katzman, Director General of Bechtel Asia. The company has six months from now to work out a master plan, including preliminary technical and economic feasibility studies, draft terms of agreements with those who will set up the various factories, and financing plans. The complex will be built in several phases.