HIMALAYAN NEWS SERVICE
KATHMANDU: South Korean company LandMark Worldwide (LMW) has submitted a detailed feasibility study (DFS) report to the government for the construction of Neejgadh airport by 2015.
“Neejgadh airport will be in operation from 2015, if all things gone well,” said senior vice-president of LandMark Worldwide Seung-Hyung Lee. The government had signed an agreement with LMW to carryout feasibility study of the airport last January. The government aims to develop airport in build-own-operate-transfer (BOOT) model as the construction costs million dollars. “It is possible to construct Neejgadh airport in four years, if the task is granted till the end of this year,” he said, adding that construction cost of first phase — a single runway airport — of the project comes to $650 million.
The company has also interested in building Kathmandu-Terai fast-track road in BOOT model.
As per the detailed feasibility study, Neejgadh airport can handle 4.8 million passengers in the first phase and 60 million passengers in the second phase in 2020.
The airport can provide 24 hour service with aircraft movement of 400,000 and cargo transportation of 6,00,000 tonnes.