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Message posted by:- arun ( arun.techyolk@gmail.com ) On:-9-Apr-2010-at-15:18:46
After bagging contracts for Delhi and Mumbai international airports, Celebi Holding, Turkish aviation firm, plans to make an investment of $100 million in India. It will offer advanced equipment and provide airport services. Moreover, it is also eyeing terminal as well as cargo management at upcoming airports in India. Celebi Ground Handling, the flagship company of Celebi Holding, recently bagged contracts for ground handling operations at the Delhi and Mumbai International Airports, for 25 years and 10 years, respectively. It plans to make an investment of $25 million each on ground handling while the rest $50 million would be utilized to manage 70,000 square metre cargo terminal at Delhi airport. Commenting on the occasion, Canan Çelebio?lu Tokgöz, Vice Chairperson, Celebi Holding said, ''India is among the most important foreign investments of Celebi. Our total value of investments by 2010 will reach approximately 100 million USD. We believe that we will contribute to Indian aviation with our investments, high-technology equipment, and the positive competition environment that we created with our high quality services. Besides, we are willing to build a bridge between India and Turkey, which show similarities in their long-standing cultures, social structures, and economic developments.'' Canan Celebioglu Tokgoz also said that the company would like to bid for ground handling and cargo functions besides some logistical aspects, but not necessarily with the GMR group. Moreover, she said that as of now, we are not sure if we will do these projects with the GMR group and also added that we will evaluate each project and then decide. GMR has developed the second largest airport terminal in Turkey in partnership with Celebi. Celebi Holding was a member of the consortium that bagged the project to construct Istanbul''s second international terminal at the Sabiha Gokcen airport. The company is also looking at expanding its operations in other parts of India. "We are looking at all opportunities here. Be it metro airports or non-metro airports," Tokgöz said. Tokgoz said that her company has acquired 51% in the joint venture company which will do third-party ground handling at the Mumbai airport while 74% in JV which will perform the same function at Delhi.
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