Development
Design and construction began in September 2005 and the airport was opened in March 2008.
The airport project is a public-private joint venture between GMR Group, Malaysia Airports Holdings Berhad and both Government of Andhra Pradesh and Airports Authority of India (AAI). GMR Group holds 63% of the equity, MAHB 11%, while the Government of Andhra Pradesh and Airports Authority of India each hold 13%.
It is being developed in three phases, and when completed will provide infrastructure for 40 million passengers annually. The airport is expected to be the largest in terms of area and will provide world-class facilities. After the first phase of development, the airport will accommodate 10 million passengers a year. The total cost of the project is INR 24.7 Billion (US$560 million). The airport is being built on an area of 5,400 acres (2,200 ha). The airport was designed by the UK engineering design firm Arup, which also designed Dubai Terminal 3 and Beijing Terminal 3.
Read more about this topic: Rajiv Gandhi International Airport
Famous quotes containing the word development:
“John B. Watson, the most influential child-rearing expert [of the 1920s], warned that doting mothers could retard the development of children,... Demonstrations of affection were therefore limited. “If you must, kiss them once on the forehead when they say goodnight. Shake hands with them in the morning.””
—Sylvia Ann Hewitt (20th century)
“I have an intense personal interest in making the use of American capital in the development of China an instrument for the promotion of the welfare of China, and an increase in her material prosperity without entanglements or creating embarrassment affecting the growth of her independent political power, and the preservation of her territorial integrity.”
—William Howard Taft (1857–1930)
“The development of civilization and industry in general has always shown itself so active in the destruction of forests that everything that has been done for their conservation and production is completely insignificant in comparison.”
—Karl Marx (1818–1883)