ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Mongolia must open up to avoid aviation embarrassment

New showcase international airport will go to waste without competition

| South Korea
 (placeholder image)
A MIAT Mongolian Airlines Boeing 737 lands at Moscow's Sheremetyevo airport.   © Reuters

Mongolia is to get a new international airport next year. The $580 million project, overseen by the Japan International Cooperation Agency, is a large investment for a country of only 3.1 million people and a gross domestic product of just $12 billion.

Yet unless the government liberalizes the country's aviation market and stops coddling state-owned MIAT Mongolian Airlines from competitors such as Air Astana and Turkish Airlines, air traffic is likely to continue to stagnate and the new airport will become a white elephant.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more