Chinggis Khaan Worldwide Airport has formally opened on the outskirts of Ulaanbaatar.
The challenge is a three way partnership between Mitsubishi Company, Narita Worldwide Airport Company, Japan Airport Terminal Firm, JALUX and the Mongolian authorities.
Underneath the phrases of its concession settlement, New Ulaanbaatar Worldwide Airport (NUBIA) might be in command of airport operations for the following 15 years.
The brand new airport was initially scheduled to begin operations in 2020, however the opening was delayed due to the Covid-19 pandemic.
All property have now been safely transferred from the previous airport (Buyant-Ukhaa Worldwide Airport), thereby readying the brand new airport for flights and passenger visitors.
Though the pandemic has considerably diminished air journey in Mongolia, demand for flights is anticipated to extend over the medium to long run, notably in Ulaanbaatar.
The brand new airport will seemingly play an more and more distinguished position over the approaching years.
In working the brand new airport, NUBIA might be profiting from the mixed experience of its 4 shareholders.