Bechtel to plan mineral processing complex in Mongolia

mongolia-sainshand.jpgBechtel has been selected by the National Development and Innovation Committee (NDIC) of the Government of Mongolia to provide master planning services for the development of the Sainshand Industrial Complex. The planned industrial hub is considered a centerpiece of Mongolia’s National Development Strategy. Under the agreement, Bechtel will develop a master plan for the complex, incorporating infrastructure and industrial projects including mineral processing facilities, a copper smelter, a coal gasification power plant and an oil refinery. Sainshand is in Dornogovi province and is located 463 km northeast of Ulaanbaatar.

In addition, Bechtel will perform economic analysis for each of the industrial and infrastructure projects and review debt financing options. “The Sainshand Industrial Complex is key to Mongolia’s social and economic development,” said Ch. Khashchuluun, head of Mongolia’s National Development and Innovation Committee. “Bechtel’s experience and expertise will help us achieve our vision of creating an industrial complex that will allow us to be more competitive in the global market.” Steve Katzman, president of Bechtel Asia commented: “Bechtel has successfully delivered hundreds of projects across Asia including the CSPC Nanhai Petrochemicals Complex and Hong Kong International Airport, and we are delighted to add the government of Mongolia to our client roster. We are confident we can apply our decades of expertise to help NDIC achieve its vision to create a world class industrial complex.”