PROJECT TO BE IMPLEMENTED TO ESTABLISH OUTSOURCING CENTER
Ulaanbaatar, Mongolia /MONTSAME/ The Minister of Finance D.Khayankhyarvaa signed on Thursday a credit agreement between the government of Mongolia and the Export-Import Bank of India (EIBI) with an aim to implement a project.
The project's goal is to establish the Mongolia-India joint outsourcing IT center. A soft-loan of USD 20 million will be granted to the government of Mongolia with an interest of 0.75 per cent per year. The repayment term is 25 years, first eight years are freed from the payment of the principal debt.
It is expected that the project will take five years to erect the outsourcing center. It will run IT trainings with international certificates and have outsourcing business development center and research center.
B.Khuder
The project's goal is to establish the Mongolia-India joint outsourcing IT center. A soft-loan of USD 20 million will be granted to the government of Mongolia with an interest of 0.75 per cent per year. The repayment term is 25 years, first eight years are freed from the payment of the principal debt.
It is expected that the project will take five years to erect the outsourcing center. It will run IT trainings with international certificates and have outsourcing business development center and research center.
B.Khuder
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