The Speaker of the Parliament Z.Enkhbold received the Director of the Design and Education Center of the University of Tokyo Kunihiro Asada today on August 10, 2012. 

At the meeting the sides exchanged opinions on developing fabless manufacturing in Mongolia and held discussions on conducting joint researches and investigation within the sphere, training professional specialists, creating brand produces, supplying the international market with brand products and on opportunities upon continuously receiving supply orders from foreign companies. 

Fabless manufacturing is the design and sale of hardware devices and semiconductor chips. The Speaker Z.Enkhbold said that Mongolia was planning to establish a research center next to the National University of Mongolia which would be similar to the Design and Education Center of the University of Tokyo. Thus, the sides further talked on funding needed for the establishment of the center, product sale marketing and management issues. 

“Mongolia shouldn’t only rely on its natural resources. We have a potential to develop the fabless manufacturing. In order to do so it is important to practice a policy to promote and sustain the sectors that requires ones intelligence and academic skills”, underlined the Speaker further adding, “Cooperating in developing the sector and exchanging experiences will be beneficial for both of our countries. Japan’s knowhow will be greatly needed for Mongolia. It is essential to have mutually beneficial and fruitful partnership and compete in the market with other countries". As an example the Speaker talked about the project by Japanese “Softbank” and Mongolian “Newcom” company on exporting solar and wind generated energy to the Asian market, informed the Press and Media Department of the Parliament Office.