Cochin International Airport Limited A Case of Public - Private Partnership (B)

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Case Details:

Case Code : ECOA129
Case Length : 07 Pages
Period : -
Organization : -
Pub Date : 2005
Teaching Note :Not Available
Countries : Kerala, India
Industry : -

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This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.

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Introduction

Cochin International Airport was a novel venture in the history of civil aviation in India. It was the first International Airport in India, which was built outside the ambit of the Government of India. The airport was owned by Cochin International Airport Limited, a public limited company in which the Government of Kerala was the single largest shareholder.

It cost Rs.2.3 billion and had taken six years to complete. V.J.Kurien, an Indian Administrative Service officer was the moving force behind CIAL who had taken it upon himself to build a private airport in Kerala. He had the support of the then Kerala Chief Minister K Karunakaran.

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But Government of Kerala realized that it did not have the finances to construct the airport on its own. Kurien, as the managing director of CIAL had been asked to prepare a project report recommending various financing options to implement the project...

Excerpts >>

1] One US dollar = Rs.44/-.

2] Mr. Kurien was an Indian Administrative officer of the 1983 batch. The Indian civil servants are selected based on a national level examination every year and allotted to the states according to the ranking of the candidates in the examination. Mr. Kurien belongs to the Kerala cadre.

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