Housing and Urban Development Corporation (HUDCO) and the Special Purpose Vehicle Bhogapuram International Airport Company Ltd., (BIACL) have entered into a formal agreement.Bhogapuram International Airport located in which state

2016

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	Telangana
B	Andhra Pradesh
C	Karnataka
D	Odisha

Explanation:

Detailed explanation-1: -The airport’s construction is expected to start by the end of 2022, and the completion deadline is slated as December 2024.

Detailed explanation-2: -GMR Visakhapatnam International Airport Limited (GVIAL), a subsidiary of GMR Airports Limited (GAL), is developing the project in Public Private Partnership (PPP) model, on a Design, Build, Finance, Operate and Transfer (DBFOT) basis.

Detailed explanation-3: -The proposed airport is 45 km away from Visakhapatnam, 25 km away from Vizianagaram and 63 km away from Srikakulam cities. The airport majorly serves the North Coastal Andhra region and is expected as a major source of employment in the region.

Detailed explanation-4: -Singh said that the Greenfield Bhogapuram Airport will have investment of over ₹2, 500 crore and the present Visakhapatnam Airport will have no commercial flights for 30 years.

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