AAI to invest USD 333
million on non-metro airports' modernization
May 28, 2006
The Airport Authority of India will invest about USD 333 million to modernize at least 10 non-metro airports in the country by 2008.
According to sources, AAI is awaiting approval from the Ministry of Civil Aviation on the final list of airports to be covered in the first phase of the non-metro airport modernization programme.
AAI has already identified 12 cities, which include Jaipur, Udaipur, Srinagar, Amritsar, Ambala, Thiruvananthapuram, Vishakapatnam, Mangalore, Nagpur, Goa, Varanasi and Trichy, the sources said.
Of these 12 airports, 10 will be modernized using the public private partnership (PPP) model.
The airside of the modernization will be with AAI, which will include modernization of terminals, parking bays, taxiway and runways.
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