July 2, 2021
Mitsubishi Corporation
Narita International Airport Corporation
Japan Airport Terminal Co., Ltd.
JALUX Inc.
New Ulaanbaatar International Airport Set to Open in Mongolia
Mitsubishi Corporation (MC), Narita International Airport Corporation (NAA), Japan Airport Terminal Co., Ltd. (JAT),and JALUX Inc. (JALUX) are pleased to announce that the New Ulaanbaatar International Airport (Official name:Chinggis Khaan International Airport) will be officially opened to the public on July 4, 2021. The new airport will beoperated by the partners’ joint venture with the Mongolian government that was established in 2019. Under theterms of its concession agreement with the government, New Ulaanbaatar International Airport LLC (NUBIA) will
be in charge of airport operations for the next 15 years.
The new airport was originally scheduled to commence operations in 2020, but the opening was delayed becauseof the COVID-19 pandemic. All assets have now been safely transferred from the old airport (Buyant-Ukhaa
International Airport), thereby readying the new airport for flights and passenger traffic.
Although the pandemic has significantly reduced air travel in Mongolia, demand for flights is expected to increaseover the medium to long term, particularly in Ulaanbaatar, the country’s capital and center of its political andeconomic activity. The new airport will likely play an increasingly prominent role over the coming years.
In operating the new airport, NUBIA will be taking advantage of the combined expertise of its four shareholders.
MC boasts a strong track record in airports and other infrastructure projects in Japan and around the world, while
NAA and JAT operate Narita International Airport and the passenger terminal buildings at Haneda Airport
respectively. JALUX is engaged in airport retail businesses and also has experience managing overseas airports. Inaddition to prioritizing passenger safety, security and comfort, NUBIA plans to leverage the new airport to increase
the number of routes and flights servicing Ulaanbaatar, develop attractive in-terminal commercial facilities, andotherwise enhance the new airport’s services and profitability.
While maintaining all precautions to prevent the spread of COVID-19, NUBIA is committed to building on a facility
that is already being heralded as a symbol of bilateral cooperation between Japan and Mongolia, and in operating
the new airport efficiently, the joint venture will do its best to contribute to the sustainable development ofMongolia’s economy and society.

<Project Overview>
Location: Tuv Province, Mongolia (about 50 km southwest of Ulaanbaatar City)

Annual Passenger Traffic: As of 2019, the old airport was capable of servicing 1.61 million passengers (1.2 million
for international routes and 410,000 for domestic routes)
Photos:<Reference Information>
1. Mitsubishi Corporation
He ad Office ： 3-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, Japan
Fo u n d a t i o n ： July 1, 1954
Main Business ： A global integrated business enterprise that develops and operates businesses acrossvirtually every industry including natural gas, industrial materials, petroleum & chemicals
solution, mineral resources, industrial infrastructure, automotive & mobility, food industry,
consumer industry, power solution and urban development
Representative ： Takehiko Kakiuchi, President and Chief Executive Officer
U
2.

R

L ： www.mitsubishicorp.com

NARITA INTERNATIONAL AIRPORT CORPORATION
He ad Office ： NAA-Bldg., Narita Airport, Narita-City, Chiba, Japan
Fo u n d a t i o n ：April 1, 2004
Main Business ： Establishment and management of Narita International Airport
Representative ：Akihiko Tamura, President and Chief Executive Officer
U

3.

R

L ：www.naa.jp

Japan Airport Terminal Co., Ltd.
He ad Office ： Terminal 1, 3-3-2, Haneda Airport, Ohta-ku, Tokyo, Japan
Fo u n d a t i o n ：July 20, 1953
Main Business ： JAT’s main lines of business are Terminal Building Management at Haneda Airport as well as
associated Merchandise and Food & Beverage sales.
Representative ：Nobuaki Yokota, President and Chief Operating Officer
U

4.

RL ：www.tokyo-airport-bldg.co.jp

JALUX Inc.
He ad Office ： Shinagawa Season Terrace, 1-2-70 Konan, Minato-ku, Tokyo, Japan
Establishment ：March 28, 1962
Main Business ： Aviation & Airport-related business, Life Service Business, Retail Business, Food & Beverage
Business
Representative ：Masashi Shinohara, Representative Director and Chief Executive Officer
U5.

R

L ：www.jalux.com

New Ulaanbaatar International Airport LLC
Head Office ： Ulaanbaatar, Mongolia
Establishment ： July 1, 2019M a i n ： Operation of New Ulaanbaatar International Airport (Chinggis Khaan International Airport)
Business
Shareholders ： Japan Airport Management LLC:
51.0%
(Special Purpose Company funded by MC, NAA, JAT and JALUX)
Khushigiin Khundii Airport Stated Owned LLC:
49.0%
(Special Purpose Company funded by the Government of Mongolia)<Further media inquiries>
JALUX Inc. : kkr@jalux.com