MCS Group

completed

_x000C_Incorporated at Ulaanbaatar in 1993, MCS Group (MCS Group or the company) is one of the leading private enterprises in Mongolia with 15 subsidiaries covering diversified business activities including: - energy & infrastructure, - general manufacturing & services, - information & communications, - property development, and - food, beverage & alcohol. At present, the company is one of the largest private sector entities in terms of number of employees in Mongolia with about 3,000 full-time direct staff and about 1,000 indirect staff through its contractors and subcontractors. The proposed project has four main components to be implemented during 2007 - 2009:- capital expenditures to support the expansion and modernization of the MCS Group’s various existing production capacities, - development of the residential and commercial properties;- refinancing a part of short-term debt to strengthen the balance sheet of the company; and- supporting the concept development of the company’s local hospital project.