Guwahati Airport to be privatized soon

Guwahati, November 9: The Union Cabinet has given approval for the privatisation of the management of six airports including the Lokpriya Gopinath Bordoloi International (LGBI) Airport in Guwahati on Thursday.

Union Law Minister Ravi Shankar Prasad said, “The Union Cabinet has given in-principle approval for leasing out six airports under the AAI (Airports Authority of India) and they are Guwahati, Ahmedabad, Jaipur, Lucknow, Thiruvananthapuram and Mangaluru for operation, management and development under public-private partnership (PPP) through (the) Public Private Partnership Appraisal Committee.”

“The government’s previous experience of managing five airports in Delhi, Mumbai, Bengaluru, Kochi and Hyderabad through private participation has been encouraging and has led it to adopt a similar method in managing six more airports,” he added.

According to a cabinet statement, private participation in infrastructure projects brings efficiency in service delivery, expertise, enterprise and professionalism, apart from harnessing the investments in the public sector and PPP in airport management has helped the government raise sizeable revenue and utilize the model for better air connectivity elsewhere in the country.