Uncertainty looms over Aranmula airport project
Uncertainty looms over Aranmula airport project
PATHANAMTHITTA: The future of Aranmula airport project,  promoted by KGS Group, is facing  uncertainty, following the Mo..

PATHANAMTHITTA: The future of Aranmula airport project,  promoted by KGS Group, is facing  uncertainty, following the Mount Zion Group decision not to give the required land to set up the airport.Addressing a news conference here on Tuesday, Mount Zion Group chairman Kalamannil Abraham said that the KGS Group violated the agreement which it entered with him on December 10, 2010. Abraham said that it failed to comply with the terms of the agreement, which expired on March 31, 2012, including the non-payment of the balance amount of `32 crore as the price of land measuring 232  acres, chairmanship of the airport company and transfer of 30 per cent of the company’s share.He said that the KGS Group did not have the financial capability to undertake such a mega project.Abraham said the furore over the airport project was a plan of the KGS Group to make money through real estate. The Mount Zion Group chairman alleged that the KGS Group was a real estate firm and he was taken for a ride by that group since the date of agreement. Abraham said Chief Minister Oommen Chandy was in the dark about the details of the proposed Aranmula airport project.A section in the UDF District Committee misguided the UDF leadership, including the Chief Minister and Finance Minister K M Mani resulting in the UDF committee giving the green signal for the project.Zion Group to Implement AirportProjectAbraham said that the Mount Zion Group would implement  the airport project for flight training for the aeronautical engineering students of the Mount Zion Engineering College, air taxi services and for packaged tour operators.He said the project would be implemented with the support and cooperation of the local people. The Kerala High Court sought to quash the agreement which he entered into with the KGS Group.

Original news source

What's your reaction?

Comments

https://lamidix.com/assets/images/user-avatar-s.jpg

0 comment

Write the first comment for this!