The New Ulaanbaatar International Airport, a construction with the biggest foundation in Mongolia is designed with the capacity of up to 3 million passengers per year and have capacity to receive 1500 passengers per hour.
In comparison, the current airport (Chinggis Khaan International Airport, the largest airport in Mongolia) serves about 900,000 passengers per year (2011 figures). Also, the cargo capacity is projected to increase 10-fold.
The new airport is located 52 km south of Ulaanbaatar city center in Sergelen soum, Tuv province. It is also hoped to be an airline hub which connects Europe and East Asia, North America and South East Asia (through the Polar route).
In May 2008, a ¥28.8 billion (US$385 million) 40-year soft loan agreement at 0.2% interest was signed between the Government of Mongolia and the Japan Bank for International Cooperation to build a new international airport.
Construction started in May 2013, and is expected to finish by January 2017. Currently, the construction process is at 99 percent.
The airport is able to launch 6 planes from its passenger boarding bridges and 13 planes from its field. 5 planes with up to 300 passengers are able to take off at once, reported by the project manager.
The airport expects to receive 3 million passengers by 2024 and 5 million passengers in 2032, according to the economic estimation.
At that time, it is possible to expand the airport by increasing the number of passenger boarding bridges up to 20.
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