Airport expansion in the booming economies of India and China is providing opportunities for international contractors and consultants, especially as the preferred procurement methods involve public private partnerships (PPP).
As we reported in November 2007, Mumbai’s Chhatrapati Shivaji International Airport’s US$1.5bn transformation is underway with Mumbai-based Larsen & Toubro winning a major engineering and construction contract to build Terminal Two (T2) for domestic and international traffic.
But elsewhere in the Mumbai region, four international consultants have been shortlisted by the state of Maharashtra for a brand new, greenfield airport development at Navi.Scott Wilson from the UK, Maunsell from Singapore, Louis Berger from the US and Mumbai-based Mott MacDonald are in negotiations for the job of preparing a comprehensive master plan for the proposed Navi Mumbai Airport, sited in a region that is expected to absorb some of Mumbai’s metropolitan growth.
The client is CIDCO, the City and Industrial Development Corporation, which is the local infrastructure arm of the Maharashtra state government. The Navi Mumbai Airport is proposed to be developed through a PPP in which CIDCO and the Airport Authority of India will hold 26% equity and the rest by a private developer to be selected through public bidding.CIDCO aims to have the airport functioning by 2012.
09/01/08 CIOB International News, UK
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Thursday, January 10, 2008
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Global airport expansion takes off
Thursday, January 10, 2008
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