B R Shetty Offers Compensation to KIOCL to Use Airport Terminal

Mangalore: Daijiworld.com understands from reliable sources at Mangalore Airport that the immigration team who visited Mangalore airport to check the new runway and immigration and customs facilities were not 'too' happy about the infrastructure.
But as a temporary measure, the airport authorities are seeking to use a terminal used by Kudremukh Iron Ore Company Limited (KIOCL) which has been lying out of use ever since the closure of KIOCL operations in Mangalore. It is understood from informed sources that the KIOCL has demanded Rs 5 lac as compensation.
Abu Dhabi-based NRI entrepreneur and chairman of NMC group B R Shetty has willingly agreed to bear the cost in response to a request made by Rajesh Sequeira, who has been spearheading the cause of the Mangalore international airport over the past couple of years.
Though the government has to take the initiative to take over this terminal from KIOCL, experts say it might take a 'few' months to settle the issue.
18/04/06 Daijiworld.com

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