Mongolian market opportune for Italian machinery makers

At the recent trade industry mission organized by ACIMIT and the ICE- Italian Trade Agency in Mongolia, meetings with the local authorities have confirmed the need for modernizing existing technology for the processing of cashmere. ACIMIT President Raffaella Carabelli states, "Mongolia is a market in which Italian machinery manufacturers can find excellent opportunities, thanks to the expertise they have developed in the technology required for the production of this raw material".

 

At the recent trade industry mission organized by ACIMIT and the ICE- Italian Trade Agency in Mongolia, meetings with the local authorities have #

An institutional trade mission in Mongolia, organized by ACIMIT (the Association of Italian Textile Machinery Manufacturers) and Italian Trade Agency, was held from July 7 to 9 in Ulaanbaatar. A total of 9 Italian machinery manufacturers, among which ACIMIT’s affiliated members; Bellini, Bianco, Bigagli-Proxima, Cormatex, Fadis, Stalam and Sant'Andrea Novara, presented their latest and most suitable technology for the processing of cashmere during the course of the symposium "Italian advanced textile technology and Mongolian cashmere sector: a winning partnership". The Italian contingent declared themselves satisfied with the proceedings, as they were also permitted to visit some important local manufacturers, eliciting interest among local businesses.

 

At the recent trade industry mission organized by ACIMIT and the ICE- Italian Trade Agency in Mongolia, meetings with the local authorities have #

The three-day mission on Mongolian soil also served to strengthen ties between the local authorities and ACIMIT’s management. In particular, the Vice-Minister for Industry and Agriculture, Mr. B. Tsogtgerel, who illustrated to his Italian counterpart a Mongolian project to develop the textile industry in the country, processing the majority of the raw cashmere wool currently exported. Indeed, within five years, the quantity of unprocessed raw material shipped out to foreign markets is essentially expected to disappear, compared to the current 6,300 tons exported. 

 

At the recent trade industry mission organized by ACIMIT and the ICE- Italian Trade Agency in Mongolia, meetings with the local authorities have #

Raffaella Carabelli, President of ACIMIT, comments "Local processing of cashmere will broaden possibilities for trade within Mongolia for Italian manufacturers, who for years have been at the forefront in supplying suitable technologies for the processing of this prestigious raw material". In 2013 alone, 68 million euros in investments were set aside for the development of new production technologies, and another 145 million euros are expected for a further increase in production capacity.

 

At the recent trade industry mission organized by ACIMIT and the ICE- Italian Trade Agency in Mongolia, meetings with the local authorities have #