Wednesday, December 26, 2012

AP govt plans 7 greenfield airports in PPP mode


The Andhra Pradesh government is proposing to develop seven greenfield airports in a public-private partnership (PPP) mode, each entailing an investment of between Rs 1,000 crore and Rs 2,000 crore, according to state minister for infrastructure, ports and airport Ganta Srinivasa Rao.
“The Administrative Staff College of India (ASCI) has already submitted its draft report to the government, which will be made available to the public and other stakeholders like air travelers associations, travel agents, CII (Confederation of Indian Industry) and Ficci (Federation of Indian Chamber of Commerce and Industry), within a month for suggestions,” he told Business Standard.
The new airports, in which the state government will hold some equity, will come up in Tier-II regions like Warangal, Kothagudem, Tadepalligudem, Vizainagaram, Srikakulam, Ongole and Nellore. Besides, the government proposes to upgrade the existing airport at Kadapa, the minister said.
The Andhra Pradesh government had come up with its new civil aviation policy in August 2012, to create better air connectivity for the people of the state and spur industrial growth.
26/12/12 VDS Rama Raju /Business Standard
To Read the News in full at Source, Click the Headline