Thane: The City Industrial and Development Corporation (CIDCO), a nodal agency for the proposed Navi Mumbai International Airport (NMIA), has said that it would endeavour to expedite the project as quickly as possible. The airport is proposed to be developed through public-private participation (PPP), in which, the CIDCO and Airports Authority of India (AAI) will hold 26 per cent equity and the rest will be held by private developers. CIDCO said that it had taken a number of steps to speed up the process for operationalisation of the airport, while discussions on the entitlements and land acquisition models are in final stages. Talking to PTI today, CIDCO Chairman Pramod Hindurao said that enhancing the regional and local connectivity to NMIA project was the main concern of the agencies implementing the project.
16/11/11 PTI/IBN Live
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