Bellary airport now closer to take-off

Bangalore: The state government on Friday signed the project development agreement with Chennai-based infrastructure firm, MARG, to build Bellary airport.
After the PDA signing here, tourism and infrastructure development minister G Janardhana Reddy told reporters that the public private partnership (PPP) project would be spread over 900 acres with MARG developing and running the operations on build, operate transfer basis. The time frame for completion is 30 months. The state’s contribution would be in the form of land, which will be acquired at Rs 110 crore.
MARG managing director G R K Reddy said that they would be investing Rs 230 crore, with Rs 110 crore in the initial phase. In the initial phase, only the smaller capacity aircraft such as ATR -42 and ATR 72 would be able to fly to Bellary. The expansion would allow landing of larger Airbus and Boeing planes.
07/08/10 Times of India

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Categories: airports aug 2010, New Aug 2010