//Kerala to develop Kochi airport at Rs 3,500 crore

Kerala to develop Kochi airport at Rs 3,500 crore

Press Trust of India, Thiruvananthapuram, May 23, 2006

The Kerala Government on Tuesday said it will undertake development works worth Rs 3,500 crore in the Kochi International Airport.

"The work would be taken up in 488 acres owned by Cochin International Airports Limited (CIAL) near the airport and would be completed by 2012," Chief Minister VS Achuthanandan told reporters after a meeting with CIAL officials.

The project, to be implemented in four zones in the area, would generate 18,000 to 34,000 direct and indirect jobs.

CIAL sources said the project envisaged development of aircraft maintenance hangar, aviation training centre, convention centre, hotels, cargo development, shopping malls, food courts, speciality hospital, educational institution and amusement park.

Funds for the project would be pooled from private and public sources.

The airport, which handled 6,473 services in 1999-2000, now handles 20,975 services. About 13 companies were operating international services while seven others were conducting domestic services, CIAL sources said.