18-May-2010 11:37 AM

Mumbai International Airport to invest USD502m in development in FY2010/11

India’s Mumbai International Airport Ltd (MIAL) announced plans to invest USD502 million in FY2010/11 for modernisation and development works, compared with USD287 million invested in FY2009/10 (Press Trust of India, 17-May-2010). MIAL expects to invest USD2.2 billion in the Mumbai Chhatrapati Shivaji International Airport project by 2012, including a new integrated passenger terminal. The terminal will feature 184 check-in counters, 14 baggage claim belts and 52 contact positions with passenger boarding bridges.