The test for 24-hour operations at Zamiin-Uud Ereen Port, the main logistics hub between China and Mongolia, concludes last week. Since implementing 24-hour operations, the port experiences significant growth in both trade and tourism over the past 5 months.
🎯 Right Time, Right Policy
Zamiin-Uud Ereen Port, the largest dry port in China and Mongolia, operates 24 hours a day since April 1. This decision was timely, as high demand for cashmere, bags, shoes, and camel wool leads to a surge in e-commerce orders and passenger traffic through the port. As of September 5, 1.75 million passengers pass through the Ereen road and railway port, marking a 95% increase from the same period last year. In conjunction, 442,000 vehicles enters the market, representing nearly a doubling compared to 2023.
💭 Was The Test Successful?
The success of the 24-hour operation of Zamiin-Uud Ereen Port raises important questions about how to address the challenges faced by other major border crossings in Mongolia, such as Gashuun Sukhait, Zamiin-Uud, and Shivee Khuren, which handle almost 80% of the country's total exports. These ports often experience increases cargo traffic during peak seasons and holidays, leading to slower turnover rates and potentially impacting product pricing.
Finally, China represents 92% of Mongolia's total exports, with coal accounting for 57.7% of key export products. Foreign trade is crucial in attracting foreign currency, highlighting how the continuous operation of key trade and logistics ports significantly impacts cargo turnover and the prices of imported goods. Alongside the trade, the continuous availability of the border crossing makes it more convenient for travelers, leading to a surge in passenger traffic and contributing to the local economy. This demonstrates the potential for 24-hour operations to drive both economic growth and tourism development in Mongolia.
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