Union civil aviation minister Praful Patel on Monday said that the upcoming aviation policy would be a ‘revolutionary’ one.
Speaking at the 3rd Annual Indian Subcontinent and Middle East Aviation and Tourism Investor Summit here, Patel said, “We are looking at building future airports. Our decision to come up with merchant airports would be a revolutionary decision.”
Merchant greenfield airports will be private airports built on private land within permissible civil aviation parameters and air-traffic management regime. The government would allow 100% FDI in setting up these facilities.
“If somebody is willing to take the risk, has the land and is willing to build airports, we are going to look at it in a very positive manner,” the minister added.
Noting the rapid pace of expansion of airports in the country, the minister stated that they should be expanded to all the nooks and corners of the nation.
The minister informed that during his visit to Paris next week, he would be signing MoUs with foreign parties to set up flight training schools in the country.
12/06/07 Financial Express
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