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:
“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)
“Good schools are schools for the development of the whole child. They seek to help children develop to their maximum their social powers and their intellectual powers, their emotional capacities, their physical powers.”
—James L. Hymes, Jr. (20th century)
“Women, because of their colonial relationship to men, have to fight for their own independence. This fight for our own independence will lead to the growth and development of the revolutionary movement in this country. Only the independent woman can be truly effective in the larger revolutionary struggle.”
—Women’s Liberation Workshop, Students for a Democratic Society, Radical political/social activist organization. “Liberation of Women,” in New Left Notes (July 10, 1967)