Maharashtra government, Singapore to collaborate for greenfield airport project in Pune

Maharashtra Airport Development Company Ltd and Singapore's Changi Airport International Pte Ltd will explore the setting up of Special Purpose Vehicles and further investments in airport projects.
Maharashtra Chief Minister Devendra Fadnavis (File | PTI)
Maharashtra Chief Minister Devendra Fadnavis (File | PTI)

SINGAPORE: 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 Ltd (MADC) and Singapore's Changi Airport International Pte Ltd (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 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 with in planning the development of the two cities, he said.

Both countries have agreed to set up 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.

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