Friday, August 16, 2013

Investment policy advocates investment in aviation

Panaji: The Goa government plans to squeeze out maximum benefit from a proposed Greenfield airport which is in the process of coming up at the Mopa plateau, 40 km north of the capital.
A draft investment policy floated by a specially appointed task force appointed by Chief Minister Manohar Parrikar advocates attracting investment in the sectors of aviation and aerospace and even starting defence production-related educational and vocational courses to train the local human resource in the above mentioned areas.
The Mopa airport has encouraged the Goa government to look for "synergistic investments in the areas of aviation and aerospace (namely) research and development, engineering design and technology solutions, manufacturing of components, assembly and testing facilities", reads the draft investment policy.
Goa presently has one international airport at Dabolim, which is operated by the Indian Navy. Government estimates suggest that the airport would be unable to handle Goa's air traffic a decade from now.
The draft policy says the greenfield airport at Mopa was designed to handle 13.1 million passengers by 2045 and would also contain a cargo hub as well as maintenance, repair and overhaul facilities.
16/08/13 IANS/News Track India