Buoyed by the success of implementation of PPP model in airport development, the government plans to invest $30 billion in next 10 years with more existing airports being opened up for modernisation, a top official said on Tuesday.
"In 10th and 11th five-year plans, the government has invested $10 billion. The airports developed under the public-private-partnership model are presently handling 60% of the passenger traffic in the country. The government has planned to invest $30 billion in next 10 years," Civil Aviation Secretary SNA Zaidi said while addressing the 3rd International Aviation Economics Conference here.
In the first phase, connectivity to metro cities was established while in the second phase, the focus would be on connecting metros to tier-II and tier-III cities, he said.
10/03/12 Daily News & Analysis
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