The experience of foreign capital cities has proved that having a bike rental service is a concrete way of reducing traffic jams, air pollution and improving the health of the public. So, Ulaanbaatar, the capital city of Mongolia, launched such a service from last year. The service started with 100 bikes and 10 stops; now it is to be expanded to 200 bikes and 20 stops. This year, the bike rental service will start from April.
The bike rent price will be MNT 1000 per an hour and MNT 1500 for two hours.
A consortium of ‘Nickel Ganbaa’ LLC, ‘Petrovis’ LLC and Khasbank are implementing the ‘UBIKE’ project in cooperation with Ulaanbaatar City Administration to offer a cheap bike rental service to residents and visitors alike. The bikes are made in Mongolia in compliance with international standards and smart payment and checking systems fully ensure the riders’ safety. Despite some predictable problems, such as a number of bikes being broken or stolen, the UB bike rental service has been a great success.