“GOBI” BRAND STARTS TO PROCESS ITS FIRST IN 2014 CASHMERE

Ulaanbaatar /MONTSAME/ One of the biggest producers of cashmere and wool products, the “Gobi” Corporation announced Wednesday that it has started processing of raw cashmere of this year. Having a motto “From goat to coat”, the Corporation has begun this work to stimulate herdsmen to hand over raw materials to national producers, and to express thanks to them. “This measure is like an event of farmers to receive their first harvest of a year,” the Corporation’s official said. The “Gobi” Corporation was founded in 1981 with a capability of processing 1,000 tons of cashmere. Since Mongolia transmitted into market economy system, the factory suffered a lack of raw materials therefore it has not worked in its full capability. In 2011, a condition became better to revive the cashmere and wool industry after the country set a goal to produce value-added and final products with raw materials given from herdsmen who used to sell to foreign countries. As the result, the “Gobi” Corporation has created some 50 new job places at first-stage processing workshops, and had a great opportunity to increase kinds of export products. The “Gobi” Corporation is considered as the largest exporter of Mongolia to produce sewn and knitted clothes made of cashmere and camel wool.