Singapore's Changi Airport International to raise stake in
BAPL to 32.2%: Media Report
20/08/2014 14:33
Singapore's Changi Airport International (CAI) has decided to increase its stake in Bengal Aerotropolis Projects Ltd (BAPL) to 32.2 per cent from 26 per cent held since the project began in 2009, reported PTI. The stake increase was announced during West Bengal Chief Minister Mamta Banerjee's official visit to Singapore and at a business forum attended by Singapore-based businessmen. The CAI stake increase in BAPL was approved by the state government last month. "The project is looking promising for us to increase the stake in BAPL," CAI CEO Lim Liang Song told PTI today. The Kazi Nazrul Islam Airport in West Bengal will improve the connectivity between the North East Indians and the BAPL townships as well as industrial zones, he said. The airport being set up by BAPL in Andal, near Asansol is expected to commence operations from December.
20/08/2014 14:33
Singapore's Changi Airport International (CAI) has decided to increase its stake in Bengal Aerotropolis Projects Ltd (BAPL) to 32.2 per cent from 26 per cent held since the project began in 2009, reported PTI. The stake increase was announced during West Bengal Chief Minister Mamta Banerjee's official visit to Singapore and at a business forum attended by Singapore-based businessmen. The CAI stake increase in BAPL was approved by the state government last month. "The project is looking promising for us to increase the stake in BAPL," CAI CEO Lim Liang Song told PTI today. The Kazi Nazrul Islam Airport in West Bengal will improve the connectivity between the North East Indians and the BAPL townships as well as industrial zones, he said. The airport being set up by BAPL in Andal, near Asansol is expected to commence operations from December.
