Correction works remain on Khushig Valley International Airport
Works to correct infringements and deficiencies, found by the state commission in January of last year is yet to be completed by Mongolian side.
Works to correct infringements and deficiencies, found by the state commission in January of last year is yet to be completed by Mongolian side. According to the Ministry of Road and Transportation, about 70 percent of the construction of aerodrome service, luggage and mail transportation services facilities, and more than 90 percent of administration building construction, which have been built with Mongolian investment, have been completed at present. Major construction of the International Airport in the Khushig Valley started in 2013 and was completed in December 2016. Minister of Road and Transportation Bat-Erdene Jadamba informed that JPY 48 billion were spent on the major construction, which comprises of 32 facilities, and JPY 1.5 billion for the special purpose airfield equipment costs. The financing was settled with a Japanese International Cooperation Bank’s soft loan, which has a maturity of 40-year. It was agreed that 51 percent of the airport management will be under the ownership of Japan and 49 percent under Mongolia. The sides are currently in talks to establish a joint venture company. Approximately 900-1000 people will work at the new airport and the whole staff of the Chinggis Khaan Airport will be transferred to the new international airport at Khushig Valley.
Views: 1065
Tweet