Financial Daily from THE HINDU group of publications
Wednesday, May 24, 2006
Financial Daily from THE HINDU group of publications Wednesday, May 24, 2006 |
|
|
|
|
|
Logistics
-
Infrastructure States - Kerala CIAL studying Rs 3,450-cr investment plan Our Bureau
Thiruvananthapuram , May 23 Cochin International Airport Ltd (CIAL) is considering a Rs 3,450-crore investment plan prepared for it by consultants Ernst and Young. Top officials of CIAL briefed the Chief Minister, Mr V.S. Achuthanandan, on various features of the project during a meeting held at his official chambers here on Tuesday. The project envisages the setting up of infrastructure facilities for aviation maintenance and business and leisure/entertainment activities for high-spending travellers within the precincts of the airport.
Yard for repairs
The project report also examines the financial viability of having a full-fledged yard for repairs and maintenance of passenger and cargo planes at the airport. CIAL has nearly 200 hectares of land in its possession surrounding the airport. The E&Y proposals include setting up of a golf course and construction of convention centre, a cultural centre and a big shopping mall.
The discussions were of a preliminary nature, according to Mr Achuthanandan, who, in his capacity as Chief Minister, holds charge as Ex-Officio Chairman of CIAL. The board of directors would take a decision on the project after studying the proposals in detail, he said.
More Stories on : Infrastructure | Kerala
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2006, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|