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  1. Cabinet clears leasing AAI land at Assam airport

Cabinet clears leasing AAI land at Assam airport

The leasing out of land owned by AAI for setting up of a centre for perishable cargo at Assam international airport was cleared by the Cabinet today.

By: | New Delhi | Published: August 24, 2016 6:35 PM
The Cabinet has approved Airports Authority of India (AAI) leasing out 4,050 square metres of land to Assam Industrial Development Corporation (AIDC).  (IE) The Cabinet has approved Airports Authority of India (AAI) leasing out 4,050 square metres of land to Assam Industrial Development Corporation (AIDC). (IE)

The leasing out of land owned by AAI for setting up of a centre for perishable cargo at Assam international airport was cleared by the Cabinet today.

The Cabinet has approved Airports Authority of India (AAI) leasing out 4,050 square metres of land to Assam Industrial Development Corporation (AIDC).

“This will be utilised for setting up of Centre for Perishable Cargo (CPC) and its future expansion at Lokpriya Gopinath Bordoloi International Airport, Guwahati,” an official release said.

Setting up of the centre would help in making facilities for air upliftment of perishable cargo from Guwahati more effective.

The land is to be leased by AAI on a token licence fee of Rs 1 per annum for a period of seven years subject to signing of lease agreement.

“After expiry of initial period of seven years, the future lease period will be made afresh as per AAI policy in-vogue,” the release said.

Revenue from export of agriculture and horticulture items would improve economic conditions of North Eastern Region, it added.

“There is a need for promotions of perishable cargo export from this region, which will generate employment opportunities directly or indirectly,” the release said.

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