HomeNewsTrendsCurrent AffairsMaha govt, S'pore to collaborate for greenfield airport

Maha govt, S'pore to collaborate for greenfield airport

Maharashtra Airport Development Company Limited (MADC) and Singapore's Changi Airport International Pte Limited (CAI) will explore the setting up of Special Purpose Vehicles and further investments in airport projects.

September 29, 2017 / 18:40 IST
Maharashtra Chief Minister Devendra Fadnavis

Maharashtra Chief Minister Devendra Fadnavis

The Maharashtra government and Singapore's Changi airport will collaborate for a greenfield airport development project in Pune, Chief Minister Davendra Fadnavis said here today.

Maharashtra Airport Development Company Limited (MADC) and Singapore's Changi Airport International Pte Limited (CAI) will explore the setting up of Special Purpose Vehicles and further investments in airport projects.

"I have offered the partnership of Maharashtra government in the new airport at Pune and passenger and cargo airport at Nagpur," Fadnavis told reporters after he called on Singapore Prime Minister Lee Hsien Loong.

Fadnavis also called on Deputy Prime Minister Tharman Shanmugaratnam and met Trade and Industry Minister S Iswaran.

Fadnavis said the MADC and CAI will collaborate for a greenfield airport development at Pune.

The two companies will also work on upgrading Babasaheb Ambedkar International Airport at Nagpur into the regional logistics and cargo hub. Fadnavis and his delegation has also held discussions with a number of Singapore businesses, including Surbana Juorng for the masterplans for Pune and Nagpur.

Fadnavis met Liew Mun Leong, chairman of both the CAI and Surbana Jurong, the master planner of Amaravati capital city of Andhra Pradesh. The Maharashtra government has also called on Surbana Jurong to participate within planning the development of the two cities, he said.

Both countries have agreed to set up a working group on these projects to be co-chair by Fadnavis and Minister Iswaran.

Fadnavis, who arrived here yesterday from a business trip to Seoul, have invited Singapore investors to participate in the large range of business opportunities in Maharashtra state.

first published: Sep 29, 2017 06:34 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347