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May 7

MAK contributed a total of ₮357.3 billion in taxes and fees to national and local budgets in 2023

MAK tax

MAK’s Tax Contributions Exceed ₮357.3 Billion in 2023.


As a key player in industrialization and heavy industry, MAK supports economic development and provides stable employment for over 4,000 people. This significant contribution led to MAK being recognized as one of the "Top 10 Taxpayers" in 2023.


Specifically, our contributions to state and local budgets amounted to ₮357.3 billion in taxes and fees. Below is a breakdown of the taxes allocated to local and district budgets:


  • Umnugovi Province: 5.2 billion MNT

  • Khan-Uul District: 2.4 billion MNT

  • Tuv Province: 1.2 billion MNT

  • Nalaikh District: 175.5 million MNT

  • Dornod Province: 61.1 million MNt


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