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KPMG works on revenue model for Mopa airport

KPMG works on revenue model for Mopa airport

Reports indicate that KPMG, the financial consultant for the proposed international airport at Mopa in Goa, is working on the revenue model for the airport.

The state government plans to implement the project on the public-private-partnership (PPP) model and it set up a special PPP cell for the purpose of handing such PPP projects.

The government has already acquired land measuring 58.66 lakh sq m out of the 91.71 lakh sq m area intended to be acquired. The acquired land is in the possession of the directorate of transport, which is the client department for the project.

Meanwhile, KPMG is working on the revenue model as some stakeholders have raised queries of financial feasibility of the airport considering that the existing Dabolim airport will be allowed to continue operations.

KPMG is also presently working on the RFQ (request for quotation) documents which are expected to be completed shortly. The RFQ documents will be published for selecting the prospective bidders, he added. Louis Berger is the technical consultant for the project.

The proposed airport would have dedicated facilities for a cargo hub. In fact, to make the airport cargo handling financially viable, maintenance and repairs may form a part of the Mopa airport project, sources said.

The proposed airport is expected to benefit tourism industry in Goa, create various infrastructure projects, increase flow of investment, boost the service industry and boost to airport-related services and employment.

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