ENGLISH
|
JAPANESE
|
CONNECT WITH US:
Home
About
Contact
Log in
*
Home
Press release
Jul 02, 2021 17:08 JST
Source:
Mitsubishi Corporation
New Ulaanbaatar International Airport Set to Open in Mongolia
Ulaanbaatar, Mongolia, Jul 02, 2021 - (JCN Newswire) - Mitsubishi Corporation (MC), Narita International Airport Corporation (NAA), Japan Airport Terminal Co., Ltd. (JAT), and JALUX Inc. (JALUX) are pleased to announce that the New Ulaanbaatar International Airport (Official name: Chinggis Khaan International Airport) will be officially opened to the public on July 4, 2021. The new airport will be operated by the partners' joint venture with the Mongolian government that was established in 2019. Under the terms of its concession agreement with the government, New Ulaanbaatar International Airport LLC (NUBIA) will be in charge of airport operations for the next 15 years.
Location: Tuv Province, Mongolia (about 50 km southwest of Ulaanbaatar City).
Annual Passenger Traffic: 1.61 million passengers (1.2 million for international and 410,000 for domestic routes).
The new airport was originally scheduled to commence operations in 2020, but the opening was delayed because of the COVID-19 pandemic. All assets have now been safely transferred from the old airport (Buyant-Ukhaa International Airport), thereby readying the new airport for flights and passenger traffic.
Although the pandemic has significantly reduced air travel in Mongolia, demand for flights is expected to increase over the medium to long term, particularly in Ulaanbaatar, the country's capital and center of its political and economic activity. The new airport will likely play an increasingly prominent role over the coming years.
In operating the new airport, NUBIA will be taking advantage of the combined expertise of its four shareholders. MC boasts a strong track record in airports and other infrastructure projects in Japan and around the world, while NAA and JAT operate Narita International Airport and the passenger terminal buildings at Haneda Airport respectively. JALUX is engaged in airport retail businesses and also has experience managing overseas airports. In addition to prioritizing passenger safety, security and comfort, NUBIA plans to leverage the new airport to increase the number of routes and flights servicing Ulaanbaatar, develop attractive in-terminal commercial facilities, and otherwise enhance the new airport's services and profitability.
While maintaining all precautions to prevent the spread of COVID-19, NUBIA is committed to building on a facility that is already being heralded as a symbol of bilateral cooperation between Japan and Mongolia, and in operating the new airport efficiently, the joint venture will do its best to contribute to the sustainable development of Mongolia's economy and society.
1. Mitsubishi Corporation
A global integrated business enterprise that develops and operates businesses across virtually every industry including natural gas, industrial materials, petroleum & chemicals solution, mineral resources, industrial infrastructure, automotive & mobility, food industry, consumer industry, power solution and urban development.
URL: www.mitsubishicorp.com
2. Narita International Airport Corporation
Establishment and management of Narita International Airport
URL: www.naa.jp
3. Japan Airport Terminal Co., Ltd.
JAT's main lines of business are Terminal Building Management at Haneda Airport as well as associated Merchandise and Food & Beverage sales.
URL: www.tokyo-airport-bldg.co.jp
4. JALUX Inc.
Aviation & Airport-related business, Life Service Business, Retail Business, Food & Beverage Business
URL: www.jalux.com
5. NUBIA : New Ulaanbaatar International Airport LLC
Operation of New Ulaanbaatar International Airport (Chinggis Khaan International Airport)
Shareholders:
Japan Airport Management LLC: 51.0% (Special Purpose Company funded by MC, NAA, JAT and JALUX)
Khushigiin Khundii Airport Stated Owned LLC: 49.0% (Special Purpose Company funded by Govt of Mongolia)
URL:
http://www.nubia.mn
For more information, please visit:
https://www.mitsubishicorp.com/jp/en/pr/archive/2021/html/0000047394.html
.
Source: Mitsubishi Corporation
Sectors: Airlines, Travel & Tourism
Copyright ©2025 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.
Latest Release
CO2NNEX(R) Digital Platform for Transfer and Management of e-Methane Clean Gas Certificates to Be Utilized in Nagaoka Methanation Demonstration
Sep 11, 2025 20:37 JST
Hitachi accelerates growth with major U.S. investments in advanced manufacturing, electrification and workforce development
Sep 11, 2025 18:35 JST
GlobalLogic and Ericsson Deploy Private 5G Network at Hitachi Rail's State-of the-Art Digital Factory
Sep 11, 2025 17:24 JST
GlobalLogic and Flexware Innovation Announce Major Deployment of LIFT at Hitachi Rail's State-of-the-Art Train Manufacturing Facility
Sep 11, 2025 16:46 JST
JCB Unveils New Brand Message in Vietnam: "Japan Cung Ban"
Sep 11, 2025 13:00 JST
Kawasaki City becomes first dekokatsu subsidy municipality for promoting decarbonization lifestyle promotion project
Sep 11, 2025 10:35 JST
TGR Plans to Reproduce Engine Parts for Corolla Levin / Sprinter Trueno (AE86)
Sep 10, 2025 18:11 JST
TANAKA Acts as Category Sponsor for the LIGA.i Blind Soccer Top League 2025
Sep 10, 2025 03:00 JST
Toyota Submits Fourth Progress Report on Measures to Prevent Recurrence
Sep 09, 2025 19:26 JST
The 46th Honda Prize 2025 Awarded to Dr. Kenichi IGA
Sep 09, 2025 19:06 JST
Lexus world premieres the new IS
Sep 09, 2025 18:26 JST
Toni Bou Wins 19th Consecutive FIM Trial World Championship Title
Sep 08, 2025 18:53 JST
Eisai Presents Clinical Study Results of Novel Orexin Receptor Agonist E2086 for Narcolepsy at World Sleep 2025
Sep 08, 2025 17:49 JST
Honda to Commercialize UNI-ONE Hands-Free Personal Mobility Device
Sep 08, 2025 15:56 JST
Mitsubishi Power Signs Contract to Supply Two M701JAC Gas Turbines to O Mon 4 Power Plant
Sep 08, 2025 15:36 JST
Fujitsu develops generative AI reconstruction technology for optimized and energy-efficient AI models based on Takane LLM
Sep 08, 2025 14:28 JST
10th anniversary CENTRESTAGE concludes successfully
Sep 06, 2025 21:36 JST
Mitsubishi Power Receives Contract for Large-Scale GTCC Project with 2,800 MW Total Output for Taiwan's Tung Hsiao Power Plant
Sep 05, 2025 21:47 JST
Hitachi announces historic $1 billion USD manufacturing investment to power America's energy future through production of critical grid infrastructure
Sep 05, 2025 21:00 JST
NEC participates in Locked Shields 2025 hosted by the NATO Cooperative Cyber Defence Centre of Excellence
Sep 05, 2025 11:20 JST
More Latest Release >>
Related Release
Mitsubishi Corporation Invests in Commonwealth Fusion Systems, a US Fusion Energy Start-up from MIT
9/2/2025 12:50:00 PM JST
Result of the Business Plan Review for the Offshore Wind Power Generation Projects in Japan
8/27/2025 10:27:00 PM JST
Mitsubishi Corporation Invests in Fullerton Health
8/26/2025 12:54:00 PM JST
Mitsubishi Corporation to acquire shares in Copper World copper mine project in the US
8/14/2025 12:05:00 PM JST
First Shipment of LNG from the LNG Canada Project
7/1/2025 11:00:00 AM JST
Mitsubishi Corporation to Invest and Enter into a Business Partnership with DEScycle Ltd., a UK Company Developing Innovative Metal Recycling Technology
6/2/2025 2:35:00 PM JST
Mitsubishi Corporation Establishes New Corporate Venture Capital Company
5/30/2025 6:36:00 PM JST
Mitsubishi Corporation makes DennoKotsu an equity-method affiliate company, strengthening efforts to address regional transportation challenges
4/11/2025 10:39:00 AM JST
Mitsubishi Corporation to Participate in Demonstration Project for New Hydrogen-Based Ironmaking
4/9/2025 6:22:00 PM JST
Mitsubishi Corporation Announces Corporate Strategy 2027
4/4/2025 9:04:00 AM JST
More Press release >>