Draft investment proposal

As most of the exported product is dehaired cashmere fiber, there remains a significant and relatively untapped opportunity to turn dehaired cashmere into spun yarn and finished product, which would add value to this unique diamond fiber while substantially benefiting the Mongolian cashmere industry. The establishment of an internationally recognized cashmere testing laboratory with updated testing equipment, first class cashmere managers, and professional technicians will surely raise the public awareness of Mongolian cashmere and bolster international recognition of the Mongolian Fiber Mark. In order to achieve internationally recognized status, it will be necessary to obtain accreditation from an international accreditation organization such as CCMI, UKAS, or CNCA. Proper laboratory management and continuous technical training by top cashmere experts with international marketing expertise are the key factors for building a successful cashmere testing laboratory in Mongolia. Intertek Testing Services is in the unique position to assist the Mongolian cashmere industry to establish a world renowned cashmere testing laboratory. Intertek has profound experience in technical training, accreditation, management, and international marketing. Depending on how well the new laboratory is set up, Intertek believes that this laboratory testing facility will be able to pay back its investment in approximately three years. (Author abstract)