Name of the Project | City Side Development of Kurnool Airport |
Client | Infrastructure Corporation of Andhra Pradesh (INCAP) |
Department (of Client) | Infrastructure & Investment Department |
Project Value (in Crs) | Shall be based upon the adopted business model |
Project Context - Need/Requirement of the Project – (As appropriate) Walk to Work |
Kurnool Airport has become operational in March 2021as a low cost
airport to improve connectivity to remote areas. Adjacent to Airport, there is
a land availability of around 500 acres which has the commercial potential. The
feasibility needs to be established in detail.
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APUIAML Mandate -Scope | Feasibility studies, demand assessment, product mix, financial plan
& business model for development. |
Salient Features – USP/Components/Value Addition/Etc. Improves the GSDP of the State of Andhra Pradesh |
The green filed airport & the surrounding region of Orvakal in
Kurnool has the potential for Industrial & service based economy. The
business plan and marketing forms the key to kick-start the development. |
Status | Feasibility study is in progress |