Friday, October 30, 2015

Malaysia makes ₹1,500-cr offer to run Shirdi airport

Mumbai: The Maharashtra government has received an expression of interest from private and foreign sovereign entities to operate at least five airports in the State. They include a bid from the Malaysian Government which has agreed to invest ₹1,500 crore to take over Shirdi airport’s operations.

“We have started work on commercialising five airports at Kolhapur, Solapur, Shirdi, Amravati and Jalgaon. We have got proposals from certain private players who want to start these routes. We are working with them,” Maharashtra Chief Minister Devendra Fadnavis told BusinessLine.

With 21 airports in the State, Maharashtra has the highest number of flying destinations in the country, yet only four are commercially open because of a lack of funds. Fadnavis is now trying to change that with the help of private investments.

He said the State is receiving a lot of international bids to take up the operations of these airports. “Shirdi airport is where the Malaysian government has come forward and they want to invest ₹1,500 crore and take over all operations,” he said.
29/10/15 Varun Aggarwal/Business Line
To Read the News in full at Source, Click the Headline