Prime Minister Visits the Port of Tianjin
Ulaanbaatar, June 27, 2023 /MONTSAME/. The Prime Minister of Mongolia L. Oyun-Erdene, who is on an Official Visit to the People’s Republic of China, visited the port of Tianjin to get acquainted with the operation of the Port on June 26.
Mongolia is aiming to connect border ports by roadway and railway, even further, to access the sea under its “Port Revival” goal of the “New Revival Policy”. In this regard, the Prime Minister’s Visit to the Tianjin port is considered highly significant in achieving this goal.
Mongolia owns ten hectares of land in the port of Tianjin. By establishing a Transport Logistics Center on this land, Mongolia will be able to access the sea. During the visit, Prime Minister L. Oyun-Erdene proposed to the management of Tianjin Port Group to cooperate in putting a Transport Logistics Center on this Mongolian-owned land in the port into operation within one year.
Over 90 percent of the freight transported through the Mongolian ports of Zamiin-Uud, Shiveekhuren, Gashuunsukhait, and Bichigt enters through this port. Thus, by commissioning the Transport Logistics Center on this land, the congestion in container transport will be relieved and goods turnover will be accelerated. Then, it will result in a reduction in imported goods’ prices and an opportunity to connect with about 500 ports in over 180 countries.
According to the presentation by the management team of Tianjin Port, sea freight offers the lowest cost per unit compared to other types of freight - one-hundredth of airfreight, one-tenth of rail freight, and one-third of road freight costs, respectively. In this context, sea freight not only saves costs but also provides access to international markets by opening up gateways.
As for the port of Tianjin, it is characterized by technological progress and localization of automatic systems. In other words, human intervention is very low, productivity is high, and 200 workers are doing the work of 1200 people. The Tianjin port handled 471 million tons of goods and 21 million TEU of containers in 2022. In 2023, the port’s annual throughput is expected to reach 653 million tons.