PM reports to Parliament on innovation activity

Prime Minister S.Batbold reported to Parliament on the results of an “Innovation Activity” program on November 4.

He stated that the Government’s goal is to develop a high-tech industry. In that context, he said 20 biochemistry projects and 17 nanotechnology projects are being implemented in Mongolia.

MNT1.2 billion is being allocated to finance the projects. Also, scholarships for young researchers have been granted, and 10 incubator centers have been established to support innovation.

Some MPs stated that the projects should be improved. For instance, Mongolian researchers have been researching coal for 40 years, and the PM’s report said that coal research is continuing. Previous research could be repeated, which would be a waste of money.

Education, Culture and Science Minister Yo.Otgonbayar also said that research is being done to produce nano calcium from horse bones.

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