ID :
102459
Mon, 01/25/2010 - 17:46
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Shortlink :
https://oananews.org//node/102459
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MONGOLIA, S. KOREA SIGN DEAL ON MINE RECLAMATION, ENVIRONMENT
Ulaanbaatar, /MONTSAME/ South Korea's Mine Reclamation Corp. (MIRECO) signed an environmental protection and clean-up deal with Mongolia on Monday that could fuel bilateral business tie-ups, the state-run firm said.
The memorandum of understanding involves Mongolia's Ministry of Mineral Resources and Energy and a consortium of South Korean construction companies operating in Mongolia, and could allow Korean businesses to be involved in proposed reclamation works at the Oyu Tolgoi and Tavan Tolgoi mines.
The two regions have vast deposits of coal, and large scale development projects slated to take place in the near future threaten to cause soil and water contamination that Ulaanbaatar wants to prevent.
The blueprint could fuel business opportunities for companies specializing in environmental protection, MIRECO said.
"MIRECO enjoys world-class skills in land clean-up and water purification," company chief Lee Lee-jae said, adding this will allow the corporation and the other companies involved to resolve challenges facing the land-locked country.
S.Batbayar
18.02
The memorandum of understanding involves Mongolia's Ministry of Mineral Resources and Energy and a consortium of South Korean construction companies operating in Mongolia, and could allow Korean businesses to be involved in proposed reclamation works at the Oyu Tolgoi and Tavan Tolgoi mines.
The two regions have vast deposits of coal, and large scale development projects slated to take place in the near future threaten to cause soil and water contamination that Ulaanbaatar wants to prevent.
The blueprint could fuel business opportunities for companies specializing in environmental protection, MIRECO said.
"MIRECO enjoys world-class skills in land clean-up and water purification," company chief Lee Lee-jae said, adding this will allow the corporation and the other companies involved to resolve challenges facing the land-locked country.
S.Batbayar
18.02
