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:
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—Women’s Liberation Workshop, Students for a Democratic Society, Radical political/social activist organization. “Liberation of Women,” in New Left Notes (July 10, 1967)
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