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.