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Mongolian Business Delegation visits RRI Rhein Ruhr International

Mongolian Business Delegation visits RRI Rhein Ruhr International

  • International
  • Mongolia is one of the most sparsely populated countries in the world. Being the second-largest landlocked country in the world, only 3.18 million residents are living in this parliamentary republic. Because of its extreme climate and harsh natural conditions, the country contains very little arable land. Therefore, most herders in Mongolia follow a pattern of nomadic or semi-nomadic pastoralism. Although the share of the private sector has increased in the recent years, the social differences and the urban-rural gradient worsened. About 40 % of the population lives below the extreme poverty line.
  • RRI Rhein Ruhr International GmbH
  • http://www.rri-international.com
  • sales@rri-international.de
  • http://www.rri-international.com/en/content/news-0

The Mongolian government has made great efforts to improve the economic conditions, and thus to reduce poverty indirectly. An economic and political transition from a centralised planned economy to a socially oriented market economy with democratic structures are current challenges. Consulting, financial aid and technical assistance by development banks and development aid agencies shall help to ensure economic growth and sustainability.

Currently, the Mongolian government plans to construct an integrated steel mill complex. The Parliament of Mongolia ratified the loan of about 25 Million Dollars to support „Mining Infrastructure Investment Project“ funded by the World Bank. The aim is to develop feasibility studies for large infrastructure projects, capacity building and trainings.

Within the scope of the project the Ministry of Industry and Agriculture organized a study tour for representatives of Mongolian Association of Iron Producers, and other private sector representatives led by State Secretary of the Ministry of Industry and Agriculture Khadbaatar Zoljargal.

Examining modern German steel plants and getting an idea of German engineering, the members of the Iron Steel complex project delegation visited together with Wolfgang Riederauer, Managing Director at RRI Rhein Ruhr International, two steel plants in Duisburg on 14.02.2014. First, the Mongolian representatives gained insight of the Hüttenwerke Krupp Mannesmann steel plant in the south of Duisburg. Then, Dr. Heribert Fischer, Member of the Executive Board of ThyssenKrupp Steel Europe AG, welcomed the visitors. After Fischer’s presentation on ThyssenKrupp Steel in the European Union the Mongols were shown around the highly efficient production facilities.

At the end of the day, the delegation attended a meeting at the premises of the engineering company RRI Rhein Ruhr International GmbH in Dortmund in order to concretize the project plans. Riederauer talked about RRI´s range of services in planning and consulting and presented notable reference projects. For 70 years, the traditional engineering company has engineered a big number of different types of production units and facilities as well as complete iron and steel production and treatment plants. The German engineers have planned projects for renowned customers in Kazakhstan, USA, Russia and Germany from feasibility study over engineering throughout realization. Regarding the steel mill complex in Mongolia financed by World Bank, RRI shall be responsible for conducting a bankable feasibility study with concept design.

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