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August 2, 2007

India: PPP model to give wings to 300 airports

Source: The Economic Times

NEW DELHI: In a bid to provide world-class airport infrastructure, the government is planning to offer over 300 airports and airstrips to private players for development through the public-private partnership (PPP) model and other methods. Apart from commercial use, the airstrips would also be used for providing training to pilots.

"We are waiting for the Cabinet approval for the civil aviation policy. Once the policy is in place, we will aggressively market the airports for development on PPP basis," a senior government official said.

"Of the 400 airports, airstrips and helipads in the country, 127 are owned by the Airports Authority of India (AAI) and, of them, only 74 are operational. We are ready to develop the remaining 53 airports along with private players," the official added.

Full Story...

Posted by pichu at August 2, 2007 11:01 AM