The problem ?
The capital city of Mongolia, Ulaanbaatar city has become the city with the highest traffic density. 50% of the total population and 65% of the total vehicle of Mongolia concentrated in the Ulaanbaatar city. As of today, the average speed of vehicle in Ulaanbaatar is around 2-5 km/h. Nowadays, it is impossible to make new road route in the center of the city because of the urbanization and over centered construction. Citizens are losing 2-3 hours to the traffic everyday.
The solution
Ulaanbaatar already has 13 kilometer circle road system called the great circle that decentralizes traffic of the center of the city. Although the great circle has 6 lanes, it cannot hold the traffic intensity anymore. The idea of the project is to build the elevated toll highway on the existing road and increase the capacity of the great circle.
Business possibility
The government of Mongolia is not yet able to implement such project. But, once we found the solution, we see this traffic problem as a business. Solving the real problem makes great business!
Therefore, we are trying to implement the Sky Circle project under the terms of DBOT /design-build-operate-transfer/.
Project initiator
Urban Road LLC is the project initiator that trying to implement this project by PPP (Public-Private-Partnership). Over the years, Urban Road LLC has successfully implemented the 30 million USD works in Mongolia. The company is 100% owned by Mr. Atarbayar.
Socioeconomic importance
- Increase foreign investment
- Encourage domestic manufacture of construct ion materials
- Save fuel and lubricants
- Decrease air pollution
- Reduce stress and pressure of citizens
- Ensure traffic safety
- Build up modern road management system /Build a highway that can
finance itself by toll fee/ - About 5,000 new jobs will be created.
- Saving the time of citizens
Capacity of the elevated toll highway
Length- 13 kilometer
Height -15 meter
Lanes – 4
Lane width- 3.5-3.75 meter
Average t raveling speed- 60 km/h
Project finance
Construction cost – 1 200 000 000$
Toll fee- 0.75$-1.5$
Operation period- 30 years
Net income (1year ) – 175 983 840$
Income tax (1 year ) : 22 525 923$
Construct ion period- 3 years
Current status of the project
The project officially supported by the government of Mongolia. A government resolution has been issued. Mayor of the city officially supported the project. Minister of the road and transport development officially introduced Sky Circle project by the social network. Now we are trying to get the investment.
Result and Discussions on socio-economic benefits, and outcomes of the project Result and Discussions on socio-economic benefits, and outcomes of the project
The socio-economic importance of this project:
- There is a good possibility to completely eliminate all regressions coming out from traffic congestion issues faced to the capital city.
- Significantly increase foreign investment, establish classic sample of DBOT investment in auto road networking field.
- Retrieve activity of domestic and local entities, establish many new workplaces for about 5000 workers.
- It will make good development of Ulaanbaatar’s infrastructure and make Ulaanbaatar, capital of Mongolia, which has important geopolitical location, looking more modern and fashionable.
Conclusion
Sky Circle project can become a solution which implementation will be an aimed remedy to decrease traffic congestion significantly and will show direct results. As we can see 2nd level sustainable and independent flyover system can bring drastic changes as opposite to solutions which simply and directly come into people’s mind such as:
- Improve public transportation
- Use very strict limitation and prohibition
- New construction of multiple level cross roads by bulging soil in downtown
It is obvious that there is a great opportunity to keep road payment high with the 2nd level constant continuous and independent flyover system in downtown areas with the highest density.
Don’t hesitate to contact with us!
Contact
Address: A1104, Pearl tower, Juulchin street, 3rd khoroo, Chingeltei district, Ulaanbaatar, Mongolia
Phone: (976)99118756
E-mail: info@sky-circle.com
Facebook: https://www.facebook.com/SkyCircle