Changi Airports International says both parties were not able to come to an agreement on the commercial terms of the proposal, hence they have decided not to proceed with the project.
SINGAPORE: The collaboration between Changi Airports
International (CAI) and Airports Authority of India (AAI) to promote and
broaden bilateral cooperation in the area of civil aviation will not go
on as planned, CAI confirmed on Friday (Apr 15).
Responding to queries from Channel NewsAsia, Ms See Ngee
Muoy, spokesperson of CAI, said both parties were not able to come to an
agreement on the commercial terms of the proposal, hence they have
decided not to proceed with the project.
In January this year, Singapore Cooperation Enterprise (SCE)
had nominated CAI as an expert party to cooperate with AAI on the
maintenance of the Ahmedabad and Jaipur airports. A Memorandum of
Understanding (MoU) was also signed between SCE and AAI, during Indian
Prime Minister Narendra Modi’s visit to Singapore in November last year.
Some of the areas of joint interest as outlined in the MoU
included master-planning and design, traffic and commercial
developments, service quality improvement and cargo handling and
management.
“As an airport investor, manager and consultant, CAI will
continue to explore opportunities in airport projects in India where we
can add value and where there is a strong fit with our global strategy,”
Ms See added.
CAI is an investor, consultant and manager of airports
around the world. It is a subsidiary of Changi Airport Group, which runs
Singapore’s Changi Airport. In 2015, Changi Airport handled a record
55.4 million passengers and was voted the World’s Best Airport for the
fourth year in a row.
- CNA/xk
Singapore's Changi and India's Aviation Authority call off collaboration
Reviewed by Bizpodia
on
02:27
Rating:
Subscribe to:
Post Comments (Atom)
Post a Comment