While expressing the Government’s interest to commission the New Ulaanbaatar International Airport in July, 2019 on the occasion of the National Naadam Festival, PM U.Khurelsukh claimed that the Government will render support on fulfilling works for which the Government of Mongolia is responsible at high level of quality, resolving necessary investment promptly and establishing concession agreements within schedule.

“In any business participant parties working under joint management should follow win-win approach. Our government has already introduced its decision to operate the new airport under 51:49 management agreement. Therefore, I assign the two parties to establish the agreement within January, 2019, showing mutual trust to each other, “ PM U.Khurelsukh added.

Furthermore, Minister of Finance Ch.Khurelbaatar informed that the funding to be financed from state budget will be allocated without any in 2019 as it has been fully reflected in the Law on 2019 State Budget.

According to the agreement, total sum of the construction works is JPY 49.5 billion and additional works cost JPY 5.9 billion. The contractor undertook duty to hand over a total of 32 works including 23 buildings and 9 facilities and equipment and approval works by the state commission is running at 98.9 percent.

Construction of the highway to the airport is running with 86 percent performance and it is expected to be completed in April, 2019.

When the New Ulaanbaatar International Airport puts into operation, in July 2019 according to the talks held by Prime Ministers of Mongolia and Japan, Mongolia will have world-standard international airport, covering 54.000 square meter of area and having capacity to receive 3 million passengers a year as well as connected with Ulaanbaatar city with 6-lane highway.