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Good
ambition
A Silicon Valley can’t lack an international airport
Karnataka Chief Minister S M Krishna has offered the assurance
that the Bangalore international airport project will take off and
become operational by December 2004. A tight schedule of implementation
has now been drawn up. The joint venture partner with 74 per cent
equity stake is to be finalised by next month-end. The project has
already gone through various feasibility and re-feasibility studies,
just as it has also seen the exit of major prospective partners
like the Tata-Raytheon-Singapore consortium, fed up with the government’s
lukewarm response. According to Mr Krishna, all clearances and financial
closure are now expected to be in place by early January 2002 and
work is slated to start a month on. The first phase of the project
will be completed in a 30-month timeframe, and the airport will
be operational by December 2004. Really?
All this sounds too good to be true. Assuming honourable intentions,
it seems too much to expect that the state government can work to
this tight schedule, given its laid-back attitude in the past. A
multi-crore project like this will need scores of clearances from
various agencies, including central establishments. Six long years
have elapsed since this first private sector international airport
in the country was mooted. But it got bogged down thanks to pulls
and pressures from vested interests and a singular lack of political
will. But all is not lost, though costs are bound to go up. There
are in fact some questions about the commercial viability of too
many international airports in the peninsular region but the planning
has obviously to look to the future rather than to what present
traffic levels can justify. It is certainly unacceptable for international
visitors to have to travel long distances and circuitous routes
to Bangalore, with its Silicon-Valley pretensions and hopes of being
a magnet to international businesses. The government must spare
no effort now to ensure that all loose ends are tied up quickly.
Karnataka has to keep in mind that, save for information technology,
its recent track record in attracting capital is not exactly worth
writing home about. Its mishandling of a Cargill here and a Cogentrix
there has in fact shown the state in poor light. It is Mr Krishna’s
challenge now to redeem matters.
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