Work on Rs. 800 crore terminal at Cochin Airport to begin

[Koovie]

New terminal Design, Cochin Airport

Looks great! Good to see that it will keep its front architecture.

 

[Chronos]

Kerala's access to health and education are comparable to the best in the world. Only the Nordic countries have comparable levels of those social indicators. No child goes unschooled in Kerala. Your concerns are misplaced.

seem to know quite a lot about my home state

 

[janon]

seem to know quite a lot about my home state

That much is quite wll known about Kerala, and has been for a long time.

 

[Chronos]

That much is quite wll known about Kerala, and has been for a long time.

As a keralite, I find hardly anything to like about for my Home state, and neither it's people.

 

[SarthakGanguly]

seem to know quite a lot about my home state

This is your home state -

 

[Chronos]

This is your home state -

 

[Koovie]

I have heard that the new terminal will be capable to handle this baby here? Can anyone confirm?

 

[cybertron]

Read my previous posts ..I just said that I pray that it indeed does not turn out to be white elephant ...

I am updating my GK about Kerala ... but Kannur is not Mumbai , Delhi , Kolkata ,Hyderabad , Bangalore , Chennai or even Cochin.

I hope you will agree with me ...

Kannur, is no metro for sure - but the region i.e Malabar being a hotspot of international travel justifies the new airport. 800 crore well spent?? -- there would have been finacial feasibility studies conducted before it was approved. Rest, time decides.

Anddd - Please do not bring "poverty" and "illeteracy" into this thread, when we have hurndreds of crores being spent on "projects" making no sense. And do remember this thread when you go hooha on "India Developing...." thread next time around.

 

[Agent_47]

Read my previous posts ..I just said that I pray that it indeed does not turn out to be white elephant ...

I am updating my GK about Kerala ... but Kannur is not Mumbai , Delhi , Kolkata ,Hyderabad , Bangalore , Chennai or even Cochin.

I hope you will agree with me ...

Mumbai , Delhi , Kolkata ,Hyderabad , Bangalore , Chennai and even Cochin already have International airports. and it is time for smaller cities.
I hope you will agree with me ...

And believe me,it will not be a white elephant.

 

[Bhai Zakir]

Thank u congress

BTW, its wrong section.

 

[furkansayed]

very good yet again major infrastructure project from congress upa

 

[Koovie]

very good yet again major infrastructure project from congress upa

You know that this is a private project dont you?
CIAL is a private airport.

 

[kbd-raaf]

You know that this is a private project dont you?
CIAL is a private airport.

This is why I hate these scumbags.

 

[janon]

You know that this is a private project dont you?
CIAL is a private airport.

Not really, it was built on a public-private-partnership model. The govt of Kerala is the largest stakeholder. From wiki -

Cochin airport is the first in India to be built in a public–private partnership and is owned by a public limited company called Cochin International Airport Limited, better known as CIAL, floated by the government of Kerala in 1994. The government of Kerala holds 33.36% stake, making it the single largest investor in the project.[25] Indian government companies like Air India, BPCL, AAI hold 8.74% stake, while foreign companies like Abu Dhabi based Emke Group, the Oman based Galfar Group, UAE based Majeed Bukatara Trading holds 5.42% stake. Indian companies hold 8.57% stake, while scheduled commercial banks like Federal Bank, SBT and Canara Bank holds 5.91%.[26] The remaining 38.03% stake is held by more than 10,000 personal investors from 29 countries, mostly non-resident Indians.[27]

The company has decided to go for public offering and giving 10 million shares to HUDCO as part of debt settlement, which would lead HUDCO having 3.37% stake in the company and reduction of stake of other holders.[26]

 

[Koovie]

Not really, it was built on a public-private-partnership model. The govt of Kerala is the largest stakeholder. From wiki -

Thanks for the info. 33% is larger than I thought