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Finance Ministry clears plan for greenfield airport in Arunachal

IANS  |  Itanagar 

The on Friday cleared the proposal for construction of the at Hollongi in Arunachal Pradesh, an said.

The and the of the had also cleared the proposal for the on December 28.

said the greenfield airport, estimated at a cost of Rs 1,055 crore, will be a state-of-the-art infrastructure which will propel economic development besides improving connectivity for the local population.

He said tourism will also see a huge boost with this project.

After a detailed discussion, the of the approved the land acquisition rate as proposed by the committee and endorsed by the

However, the board noted that it would be the responsibility of the state to hand over the land free of all encumbrances to the of and set a target to have the airport ready within four years.

"It is matter of great joy for Team Arunachal that today, a decades-old dream of having our own airport has been realised. I thank and the for their unstinted support in having this project see the light of day," said the

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, January 11 2019. 22:52 IST
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