Mongolia starts to build new int'l airport
Updated: 2012-04-24 00:07:00
ULAN BATOR, April 23 (Xinhua) -- Mongolia on Monday began to build a new international airport in Tuv province to satisfy the rising international passenger and freight transport volume.
Mongolian Prime Minister Sukhbaatar Batbold said the new airport would further facilitate Mongolia's air transport and thus promote Mongolia's economic development.
Mongolia would build the airport in accordance to the international standard of air transportation so that it could ensure sound development of the country's aviation industry, Batbold said at a start-up ceremony of the project.
Batbold also said the funding for the project worth 28.8 billion yen (358 million U.S. dollars) will come from a loan agreement reached between the Mongolian government and Japan Bank for International Cooperation in 2008.
According to the project plan, the airport, some 60 km away from Ulan Bator, would be completed in 2015 and by 2019 the airport would have a capacity of transporting 1.65 million passengers and 11,900 tons of freight annually.
The number of international flights to Mongolia would also be significantly promoted by constructing a bi-direction runway rather than the one-direction runway at the current Chinggis Khan International Airport, the biggest international airport of Mongolia which is located in the capital city of Ulan Bator.