Kannur: Defence Minister A K Antony today launched work on Kannur airport which will be the fourth international airport of the state.
Speaking after the ‘ground-breaking’ ceremony of the first phase of the Rs. 1,590 crore project, he said commencement of the work marked the realisation of a long-cherished dream of the region.
Chief Minister Oommen Chandy presided over the function in which Union Ministers K C Venugopal and Mullapally Ramachandran, state minister in charge of airports K Babu and deputy leader of the opposition in Kerala Assembly, Kodiyeri Balakrishnan were also present.
The state government holds 35 per cent stake in the project, Airports Authority of India 26 per cent, Oil major BPCL 23 per cent and 16 per cent from private participation.
02/02/14 Business Line
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Speaking after the ‘ground-breaking’ ceremony of the first phase of the Rs. 1,590 crore project, he said commencement of the work marked the realisation of a long-cherished dream of the region.
Chief Minister Oommen Chandy presided over the function in which Union Ministers K C Venugopal and Mullapally Ramachandran, state minister in charge of airports K Babu and deputy leader of the opposition in Kerala Assembly, Kodiyeri Balakrishnan were also present.
The state government holds 35 per cent stake in the project, Airports Authority of India 26 per cent, Oil major BPCL 23 per cent and 16 per cent from private participation.
02/02/14 Business Line
