  |
| Consultant companies chosen for new airport |
|
|
 An agreement was signed on Thursday with two Japanese consultant companies, Azusa Sekkei and Oriental Consultants, on construction of a new international airport in Khushigt Valley of Tuv province. The two companies have been selected jointly by Jaica and the Mongolia Finance Ministry. Khushigt Valley is 50 kilometers southwest of UB. The new airport will relieve the pressure on Chinggis Khaan Airport by offering multiple departure and arrival routes. The two companies will now choose executing companies through tender bids. The building and construction plans will be ready within this year and the tender will be announced in 2010. Construction will be done between 2012 and 2015. The Mongolian Government will pay for the construction with a 40-year soft loan from the Japanese International Cooperation Bank for JPY28 billion and 807 million. Repayment over the first 10 years will be free of interest and thereafter it will be 0.2 percent a year.
Source: www.news.mn
|
Mining News
TESTS CONFIRM OIL ALONG PETRO MATAD'S DAVSAN TOLGOI TREND
TESTSCONFIRM OIL ALONG PETRO MATAD'S DAVSAN TOLGOI TRENDMongolia-focusedoil expl...
Political News
U.KHURELSUKH VISITS CONSTRUCTION SITE
U.KHURELSUKHVISITS CONSTRUCTION SITEThe Secretary-Generalof the Mongolian People...
Economy News
SIMON MORRIS TAKES OVER AS CEO OF KHAN BANK
SIMONMORRIS TAKES OVER AS CEO OF KHAN BANK KhanBank has announced that Simon Mor...
Real Estate
BUILDERS WORRY ABOUT CORRUPTION IN APARTMENT SALES
Construction companies are nothappy that the Government wants to use the Apart...
Company News
MONGOLIAN WOLF TO BE ‘UNSTOPPABLE’
Mongolia may become the world’s fastest-growing economy in the next decade...
Top 30 Companies
Research Report Sep 09 (748)Do you want to receive Mongolia financial news everyday?
Latest Updates
- TESTS CONFIRM OIL ALONG PETRO MATAD'S DAVSAN TOLGOI TREND
- IVANHOE IN "INTERESTING" TALKS WITH LIKELY NEW INVESTORS
- U.KHURELSUKH VISITS CONSTRUCTION SITE
- SPEAKER MEETS VISITING UN OFFICIAL
- MILLENNIUM DEVELOPMENT GOALS WILL NOT BE REACHED IN STIPULATED TIME
- SIMON MORRIS TAKES OVER AS CEO OF KHAN BANK
- VIETNAM TO BOOST INVESTMENT IN MONGOLIA
- FLOUR PRICES SKYROCKET
- MP BEHIND MINING BAN LAW WARNS OF DISASTER IF IT IS NOT ENFORCED
- S.BATBOLD VISITS "KHOSHOOT" COAL MINE
People views
Partners
APIP Corporation |
Mongolian Properties |
Regency Residence |
Mongolian Travel Guide |
Mongolian Resorts |
Mongolian Resorts Guesthouse
Ubdeli Restaurant | Oasis Nightclub | Altansan Securities | Moda Cashmere | Mining Mongolia | Central Asian Cement
Ubdeli Restaurant | Oasis Nightclub | Altansan Securities | Moda Cashmere | Mining Mongolia | Central Asian Cement