Business tycoon

Mining Insight magazine proudly presents its 30th issue to its esteemed readers. Unlike previous editions, the cover of our milestone 30th edition prominently features Nyamtaishir. B, Chairman of Mongolyn Alt (MAK) LLC. The cover image and title hold significant editorial weight, symbolizing the policy and stance of our publication. While past issues have explored topics such as future mineral trends, energy transition, crucial minerals, sustainable mining practices, new railway developments, and the Oyu Tolgoi underground production commencement, this edition takes a focused look at Nyamtaishir. B, offering a detailed exploration of his endeavors. 

Over the past three decades, Mongolia has witnessed remarkable growth in its national enterprises, industries, and entrepreneurial ventures. Among these successes is the translation of Mongolian values into economic and social progress, epitomized by MAK and its contributions to import substitution industries. Today's prosperity in Mongolia owes much to visionaries like Mr. Nyamtaishir. B, whose unwavering dedication and leadership have paved the way for progress. In 2023, the Government of Mongolia established a National Committee on Industrialization Policy under the New Recovery Policy, appointing Nyamtaishir. B of MAK and Delgersaikhan. B of Bold Tumur Yeruu Gol LLC as sub-committee heads. 

Mining Insight magazine commended this strategic move, recognizing the government's wisdom in leveraging the expertise of prominent business figures for industrial development. Following this development, we had the privilege of interviewing Chairman Nyamtaishir. B. He graciously extended an invitation for us to visit his mines and factories, culminating in an insightful conversation held in the early days of April. Our visit included exploration of MAK's Aerated Concrete and Cement Factory, Tsagaansuvarga and Nariinsukhait mines, as well as a tour of the Shiveekhuren port on 3rd of April 2024, preceding our dialogue with Mr. Nyamtaishir. During my visit, I witnessed firsthand the operations of aerated concrete and cement factories, as well as the emerging establishments of new factories, engaging in conversations with numerous enthusiastic young engineers and technicians driven by a passion for construction. These factories have not only emerged as sources of pride but also produce goods of exceptional quality, offering valuable opportunities for both the people of Mongolia and the nation itself to benefit from top-tier products. 

Additionally, I observed the groundwork and development of various other factories, including those specializing in glass and plastic production. I urge you to pause and delve into the interview with Mr. Nyamtaishir, who expressed his deliberate ambition to establish factories his country needs. We need more individuals who share this vision, who are dedicated to progress and who actively contribute to Mongolia's development and core values. It's crucial to refrain from ridiculing such individuals; instead, we should celebrate them, emulate their actions, collaborate with them, and provide unwavering support. Our nation's advancement hinges on the efforts of such individuals and enterprises, and it's with great pride that we showcase their achievements on our front page and in our publication. Regrettably, in recent times, certain segments of society have begun to view large private sector businesses, which have made significant strides, as adversaries. Those who engage in business, fulfill their tax obligations, and generate employment opportunities find themselves under attack and subject to harassment, ultimately becoming victims of this negative narrative. This divisive mentality leaves us uncertain about what truly constitutes positive or negative contributions to society. Such a toxic atmosphere not only discourages innovation but also undermines the integrity of hardworking individuals. 

Meanwhile, unscrupulous actors profit from illicit land deals and license transactions without contributing to the nation's growth or paying their fair share of taxes. Self-production and innovation are the cornerstones of a nation's development. Yet, what will become of Mongolia if it continues to persecute and marginalize its producers? Whose interests are we truly serving? Where is our collective trajectory leading us? In recent years, the term "country" has perhaps suffered the greatest depreciation in Mongolia. What does it mean to love one's home country? This is a question that each reader must ponder deeply. After perusing Mr. Nyamtaishir's interview, one may come to see patriotism as synonymous with achievement, as evidenced by the establishment of even a single factory. It embodies a sense of accountability to the present era and the society in which we reside.