Friday, January 28, 2005

BIAL still 3 agreements away

International airport just three agreements away
The Times of India

Bangalore: Just three agreements are now standing between Bangalore and its dream international airport.

Replying to a question by Vatal Nagaraj (independent) in the assembly on Thursday, industries minister P.G.R. Sindhia said: “There are only three internal agreements which are to be signed. After this, the financial closure will be achieved in February-March and work will begin in March-April.’’

Terming them as formalities, Sindhia said the Bangalore international airport limited (BIAL) will be signing agreements with the Airports Authority of India (AAI), the contractors and the consortium.

“As far as I know there are no other agreements which the state or central governments have to sign,’’ he said.

Sindhia added, the Karnataka government had handed over 3,284 acres through the land lease agreement while the rest is in the process of being handed over.

Asked if the government intended to lay another foundation stone, since the previous state and central governments had laid one even before any of the major agreements had been signed, Sindhia declined to make a commitment.


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