To invest in a lime plant in Mongolia, it is necessary to prepare for legal and compliance issues beforehand. Before investing, it is necessary to prepare notarized main qualification documents and relevant credit certificates of the enterprise in the past two years in accordance with the requirements of the Mongolian Investment Law. At the same time, the relevant procedures for overseas investment should be completed in the domestic commerce department. After arriving in Mongolia, timely reporting should be made to the Commercial Office of the Embassy in Mongolia to avoid any impact on project progress due to procedural deficiencies.
To understand the fundamental supply and demand of the local market. In 2023, the import value of lime related products in Mongolia will exceed 20 million US dollars, and there is a significant gap in local production capacity. However, we cannot directly copy the experience of domestic kiln types. We must first verify the local limestone grade, raw coal calorific value, and electricity price level, which directly determines the actual energy consumption and product activity of subsequent production lines.
We need to do a good job in site selection and park adaptation. Priority should be given to mature platforms such as Zamyn Uud Free Economic Zone and Baganoor Production and Technology Park, which can enjoy tariff reductions and convenient personnel entry and exit, as well as reduce infrastructure investment by relying on park supporting facilities, while avoiding site selection red lines that do not conform to local industrial orientation.
We must strictly control labor and employment risks. Chinese technicians traveling to Mongolia must obtain a formal C-class labor visa in advance, and obtain work and residence permits in accordance with the law upon entry. They must not work illegally with other types of visas, otherwise they may face fines, detention, or even years of restricted entry.
We need to implement the acceptance criteria in the contract. When signing a contract with the EPC partner, it is necessary to clearly include hard indicators such as daily production capacity, lime activity, and energy consumption per ton of lime in the delivery terms. At the same time, the geological bearing capacity of the site must be surveyed in advance to avoid delaying the overall construction period due to soft soil foundation settlement and poor drainage during the rainy season.
