Indian Economy News

AAI to invest US$ 68 million to upgrade Agartala airport in Tripura

  • IBEF
  • November 20, 2015

Agartala: The Airports Authority of India (AAI) plans to spend Rs 450 crore (US$ 68 million) on upgradation of Agartala airport to international standards, which is expected to be completed by 2016. Transport Minister of Tripura, Mr Manik Dey, stated that the ground work for the airport such as survey and other related works have already been completed. A total of 72 acres of the land was acquired by the state government and handed over to AAI for expansion of the runway. Tripura government has urged the central government to declare Agartala airport as an international one. He added that the upgradation of the airport is significant as a part of India's Look East policy to increase trade and commerce in the North Eastern region and boost connectivity with Southeast Asian countries. Following the upgradation, the airport would be able to handle 1,000 passengers per hour.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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