320-x-100_uti_gold.jpg" alt="Advertisement">
AAI to spend around Rs 25,000 crore in next 4-5 years to meet expected growth in aviation sector: Vijay Kumar Singh
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Minister of State in the Ministry of Civil Aviation, Vijay Kumar Singh has said that Airports Authority of India (AAI) has taken up development programme to spend around Rs 25,000 crore in next 4-5 years for expansion and modification of existing terminals, new terminals, expansion or strengthening of existing runways, aprons, Airport Navigation Services (ANS), control towers, technical blocks, etc. to meet the expected growth in the aviation sector.
The government has taken several measures for reforms in the Civil Aviation sector of the country by providing top-class infrastructure and facilities. He further informed that the government has accorded 'in-principle' approval for setting up 21 Greenfield Airports across the country.
The minister stated that the government is promoting private investments in existing and new airports through the public-private partnership (PPP) and under Regional Connectivity Scheme (RCS) - Ude Desh ka Aam Nagrik (UDAN), as of July 27, 2021, 359 routes have commenced connecting 59 unserved and underserved airports, including 2 water aerodromes and 5 heliports.
