Press release: Darkhan-Uul aimag hosts opening of school extension and dormitory valued at 3.8 billion MNT

– More opportunities for training qualified workers in the province –

Ulaanbaatar, Mongolia – As a part of Oyu Tolgoi LLC’s ongoing 168 billion MNT investment in the vocational education sector of Mongolia, a school extension building and student dormitory has been built at a cost of 3.8 billion MNT.

The extensions and renovations open opportunities for improving the capacity and training quality, as well as improving the living conditions for the students of the vocational educational establishments in the provinces. This will enable thousands of young people to acquire marketable qualifications and vocations and become skillful workers.

The Polytechnic College under the Darkhan-Uul aimag-based University of Science and Technology is among our oldest educational establishments and has trained skilled workers, engineers and technicians for many decades. Modern demands have necessitated more capacity and a sizable extension to the school.

The opening ceremony for the school extension and dormitory took place last Sunday and was attended by the member of State Great Khural and Labour Minister, Ya.Sanjmyatav; member of the Board of Directors of Oyu Tolgoi LLC, Ch.Ganbold; staff of the Governor’s Office of Darkhan-Uul aimag; other guests and officials.

School Chancellor, Sh.Mungunduulga shared: “This school extension enables us to enhance our training environment, capacity and equipment as well as complement our academic curricula with four more vocations. Our dormitory, initially built to accommodate 250 people, has been overcrowded with over 370 students. Now we have completely resolved the problem of student settlement in the dormitory.”

The extension to the school building has a capacity to train 250 students and consists of 4 fully equipped auditoriums, a library, a computer room and a comfortable dormitory for the students with 108 beds. During the opening event, Labour Minister Ya.Sanjmyatav emphasised the value of the facility: “After 31 years the school is now moving into a new building. This will encourage students to study harder. The Polytechnic College is a nation-wide establishment where students will be trained from all over Mongolia, not only from the local area. The new dorm will surely increase number of enrollments.”

The Polytechnic College has trained 60 students as operators under a contract with Oyu Tolgoi LLC and all these graduates are now working at the Oyu Tolgoi mine. Out of those, eight employees have undergone practical training at the Kennecott Utah Copper mine in the USA, where they upgraded their skills and qualifications.

About Oyu Tolgoi LLC (http://en.ot.mn/)

Oyu Tolgoi LLC is Mongolia’s largest copper and gold mining company and is a strategic partnership between the Government of Mongolia (34 per cent stake), Turquoise Hill Resources (66 per cent) and Rio Tinto. Rio Tinto is the major shareholder in Turquoise Hill Resources and the manager of the Oyu Tolgoi project. In addition to dividends from its 34 per cent stake in Oyu Tolgoi, the Government of Mongolia will receive taxes and royalties.

Oyu Tolgoi, located in the Gobi desert in southern Mongolia, will be one of the largest and highest-grade copper and gold mines in the world. It is the largest project ever developed in Mongolia, requiring a capital investment for phase 1 of more than US$6 billion.

Oyu Tolgoi is committed to contributing to a sustainable future for Mongolia. At least 9 out of 10 employees will be Mongolian once the mine is in production and Oyu Tolgoi is investing US$58 million dollars (78 billion MNT) in training and education and an additional US$27 million dollars (36 billion MNT) in the Workforce Employment Project designed to help address the general skills shortage in Mongolia

Oyu Tolgoi’s key priorities are the health and safety of employees, best-practice environmental management, contributing to sustainable communities and always doing business with integrity, for the benefit of all the project’s shareholders and the people of Mongolia.

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