‘Airports privatisation to see significant foreign participation’
There is likely to be “significant participation” from foreign airports in the second round of airport privatisation, said Guruprasad Mohapatra, Chairman, Airports Authority of India, on Friday.
The number and names of airports are likely to be finalised and sent to the Ministry of Civil Aviation before the Chairman AAI demits office on July 31 to take up his new position as Secretary to the government on August 1.
The Ministry will take the process forward which will end with the Cabinet giving its nod for the successful bidders. At the moment, the time line for the second round of airport privatisation is yet to be drawn up although 20-25 airports are expected to be put up for privatisation.
