Kochi, Jan. 9:
Tender for the runway of the Rs 1,400-crore Kannur International Airport
in Kerala will be ready by next Tuesday (January 15).
Minister for Ports and Airports K. Babu announced this during a session
on ‘Investment opportunities’ at the Pravasi Bharatiya Divas here on Wednesday.
FOURTH IN STATE
The first flight will take off from the new international airport,
fourth in the State, by 2015, he told non-residents on the final day of the
three-day convention.
As much as 49 per cent of the equity is open for subscriptions by the
public. Babu invited non-resident investments into the PPP project. Environment
impact assessment (EIA) report is pending for clearance with the authorities in
Delhi.
The third stage of the land acquisition procedure is now in the final
stages, the Minister added.
SOFT LOAN
Separately, Babu said that the State Government has come out with a
scheme of subsidy of Re 1 per km for each tonne of freight moved alongcoastal
waters. Soft loan is being made available for manufacture of special carriers
that can navigate the canals with relatively smaller draft.
A Rs 750-crore tender has been given to Malabar Ports Company to develop
the Ponnani port as part of the scheme to develop a chain ofminor ports in the
State.
An agreement has been signed for setting up a cement terminal at the
Kollam port, which is being developed on the ‘landlord’ model. A similar course
is being proposed with the Azhikkal port towards the north of the State, the
minister added.
VIZHINJAM PORT
As for the Vizhinjam port and container transhipment terminal, the
Minister said the EIA clearance is expected within the next three months.
The procedure has been delayed since the study had to be carried during
the period encompassing the two annual monsoons in the State.
Even as the EIA is getting cleared, steps are under way to proceed with
the other tenders with respect to the Vizhinjam project, he said.
The first flight will take off from the new
international airport by 2015. As much as 49 per cent of the equity is open for
subscriptions by the public.
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