Rio Tinto and Oyu Tolgoi are deeply committed to contributing to Mongolian society. Between 2010 and 2017, Oyu Tolgoi has invested US$50 million in socioeconomic infrastructure, including power supply, schools and healthcare facilities, roads, water supply, and waste management facilities. We have also provided targeted investment in social priorities, including the training of teachers and scholarships for medical professionals.
Education and training
Oyu Tolgoi worked with local communities to implement a wide-ranging programme of education and training initiatives. The programme goes far beyond Oyu Tolgoi's own training needs, and involved a transformative investment in the technical education sector. The highlight of this investment is the construction and upgrade of six technical training centres nationwide.
The programme also involves work with Mongolian training institutions to improve curriculums and to support teacher capability, including funding for a vocational teacher development programme. From 2011 to 2015, 60 managers of vocational training centres and 210 teachers were trained across the country. These teachers returned to their school and trained a further 1,800 teachers.
Scholarships are an important way to help promising Mongolian students to achieve their potential. Each year, Oyu Tolgoi sponsors dozens of scholarships in three categories: South Gobi students, domestic and international scholarships.
In 2015 Oyu Tolgoi, in cooperation with the communities of Umnugobi province, launched the Gobi Oyu Development Support Fund (DSF), which funds sustainable development in the Umnugobi province through a US$5 million annual grant. From 2015 to early 2018, the DSF approved 78 community projects and programmes, with a total value of over US$15 million.
Opening ceremony of the new kindergarten in Dalanzadgad, Umnugobi province
The DSF also delivers a microfinance programme that makes loans available to local entrepreneurs.
Businesses are evaluated on their commercial viability and do not need to supply goods and services to Oyu Tolgoi. This regional facility complements the nationwide microfinance facility that Oyu Tolgoi has established in partnership with XacBank, a domestic bank, to help Mongolian businesses become suppliers to Oyu Tolgoi.
Source: Ergo Strategy Group, Oyu Tolgoi – Past, Present, and Future, 2018