Cable car project to launch next spring
SocietyUlaanbaatar /MONTSAME/ “Air-360 Ulaanbaatar Cable Car” project will commence next spring, has announced the Oyunii Undraa Group. Initial developments, connecting the National Culture and Amusement Park with Ikh Zaisan Complex, are estimated to cost some 40 billion Togrog.
Initial stage of the project will construct 2.8-km cable route with 100 cable cars with a capacity to transport 1,000 passengers per hour. In case the Government grants concession agreement in time, the first stage will begin in March of 2016 and complete in 2017, executed by Austrian and French companies. The second stage is also estimated to cost about 40 billion Togrog. It would connect the Ikh Zaisan Complex with the Bogdkhan Mountain. It has been planned to be commissioned by fall of 2018. The cable car ticket would cost MNT 2,000, said S.Amarsaikhan, the CEO of Oyunii Undraa Group.
The Group intends to commission its Ikh Zaisan Complex within the second quarter of 2016, before the start of ASEM Summit.