Kochi : The Cochin International Airport, the first airport in the country built under public-private partnership, will be expanded with an investment of Rs.35 billion ($790 million).
These investments would take place over five years, K. Venkitesweran, company secretary of Cochin International Airport Limited (CIAL), said after its annual general body meeting okayed the expansion plan Thursday.
'There are 18 projects which have been cleared, including a Rs.6.40 billion IT park, an aviation academy, a maintenance and hangar unit, star hotels and a golf course, all which would come up in the 500 acres of land which is with CIAL near the airport,' Venkitesweran told IANS.
28/12/06 Indo Asian News Service/DailyIndia.com, US
To Read the News in full at Source, Click the Headline
Friday, December 29, 2006
Rs.35 bn expansion plan for Cochin airport
Related Posts:
Explained: All about mid-air turbulence faced by Mamata Banerjee’s aircraft- Airlines line up new flights as govt allows regular international ops
- Bengaluru: Wheelchair-bound professor accuses Air India of denying boarding
- Air travelers left in a lurch after many India-US flights cancelled due to Ukraine-Russia conflict
- Ukraine evacuation flights to cost India Rs 65-70 crore
0 comments:
Post a Comment