The Cochin International Airport, the country's first joint public-private venture in civil aviation, is close to setting a benchmark.
The airport will soon emerge as India's first airport township with an investment of just Rs 300 crore.
Ten years down the line, the airport will have 18 different sub-projects including, a 6.4 crore IT park, a golf course, a perishable cargo unit, half a dozen five-star hotels and an aviation academy spread out over 1,300 acres of land.
And to top it all, there's going to be a state-of-the-art maintenance and hanger unit exclusively for Airbus 380.
This airport township will be funded by Kerala NRIs, the state government and other financial institutions. Not only will this be the first of its kind in the country, the project will also have a huge employment potential.
20/02/07 CNN-IBN
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Wednesday, February 21, 2007
Cochin airport to emerge as airport township
Wednesday, February 21, 2007
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