Chennai: Malaysian government-owned Malaysia Airports Holdings Berhad and the Kerala government are looking at taking a stake in KGS Aranmula International Airport Ltd, which is being developed by the Anil Ambani-backed KGS Group.
The Rs 2,000-crore private airport is being set up on 700 acres at the temple town of Aranmula in Pathanamthitta district, the pilgrimage capital of the state situated between Thiruvananthapuram and Kochi. The project is expected to take off in 2014.
“We had some discussions on offering equity to Malaysia Airports. They are already our technical and strategic partner for the project. We may look at diluting up to 15 per cent,” said Gigi George, managing director of the KGS Group here.
Malaysia Airports operates and manage 39 airports in Malaysia. Besides, they provide airport management services for Delhi and Hyderabad international airports in India and Sabiha Gokcen International Airport in Turkey.
29/10/12 Gireesh Babu/Business Standard
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The Rs 2,000-crore private airport is being set up on 700 acres at the temple town of Aranmula in Pathanamthitta district, the pilgrimage capital of the state situated between Thiruvananthapuram and Kochi. The project is expected to take off in 2014.
“We had some discussions on offering equity to Malaysia Airports. They are already our technical and strategic partner for the project. We may look at diluting up to 15 per cent,” said Gigi George, managing director of the KGS Group here.
Malaysia Airports operates and manage 39 airports in Malaysia. Besides, they provide airport management services for Delhi and Hyderabad international airports in India and Sabiha Gokcen International Airport in Turkey.
29/10/12 Gireesh Babu/Business Standard
