Mitsubishi and Chiyoda are to work together to construct the New Ulaanbaatar International Airport in Mongolia.
The two Japanese companies have entered into an agreement with the Civil Aviation Authority of Mongolia (CAAM) to build the JPY 50 billion (US$ 490 million) airport, to be located on the plains approximately 50 km southwest of Ulaanbaatar, capital of Mongolia.
The project includes civil engineering works such as the transfer of approximately three million m3 of earth to build the foundation for a 3,600 m runway equipped to accommodate large aircraft, and the construction of a 33,000 m2 passenger terminal with a capacity for two million passengers a year.
The contract also includes installing IT systems, air traffic control systems, and an aircraft fuel hydrant system.
The total build period is set at 43 months. However, it is estimated that the actual time worked will be 28 months as outside construction work is likely to be interrupted due to the severity of Mongolian winters.