ICT Cluster Development Strategy for High-Tech Industry Park in Mongolia - Technopolis: Best Practices for Science and Technology Cities - page 469

based economy, to exploit mineral deposits of strategic importance, generate and
accumulate savings, ensure intensive and high economic growth, and develop a
modern processing industry. Moreover, policy states that Information and com-
munication technology (ICT) is viewed as the main accelerator of Mongolia's
economic and social development in the twenty-first century.

2.1.2 State Policy About High-Tech Industry

In order to succeed in these strategies, the Parliament of Mongolia had given great
priority on the High-tech industries and ratified the State policy about High-tech
industries by its 34th resolution in 2010. Within this policy, nanotechnology, bio-
technology, information technology, and electronic sectors are regarded as high-tech
industries. Policy states the directions of the activities associated with the develop-
ment of infrastructure, including establishment of a High-tech Industry Park, and
also human resource development and encouragement of the high-tech product sales.

2.1.3 Program on Developing Industry of High-Technologies

Pursuing the State Policy on the High-Tech Industry, the Government of Mongolia
approved a program on developing an industry of high-technologies at the end of
2011. It is expected that the program will create legal and regulatory environments
to support sustainable development of technological industries in the private
sector. It also has great importance in increasing the amount of high-tech industries
of the total industries contributing to the Gross Domestic Product (GDP) by cre-
ating a proper structure of financing and investment. This program states that the
High-tech industry should possess more than 1.5 % of the GDP.

2.2 Key Organizations for National High-Tech Industry
Development

There are several organizations related to the development of an Information and
Communications High-Tech Industry.

2.2.1 National Development and Innovation Committee 2

In Mongolia, the National Development and Innovation Committee (NDIC),
which is currently restructured into the Ministry of Economy and Development,

2

National Development and Innovation Committee http://www.ndic.gov.mn/ .