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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World India opens ultra-modern airport terminal AFP - 1 hour 19 minutes ago Send IM Story Print India opens ultra-modern airport terminal Slideshow: Full Photo Coverage: Business & Economy NEW DELHI (AFP) - – India inaugurated a multi-billion-dollar airport terminal in New Delhi on Saturday -- a shiny glass and steel symbol of the country's aspirations as an emerging global power The state-of-the-art hub, which cost nearly three billion dollars and can handle 34 million passengers a year, was showcased at a special ceremony by Prime Minister Manmohan Singh ahead of opening to the public later this month. Built in just 37 months to coincide with New Delhi's hosting of the Commonwealth Games in October, the terminal sprawls over four square kilometres (1.5 square miles) and boasts 97 automated walkways and 78 aerobridges. "This is a demonstration of what India is truly capable of," Civil Aviation Minister Praful Patel said at the inauguration ceremony at the Indira Gandhi International Airport, which was also attended by ruling Congress party president Sonia Gandhi. The facility, on which nearly 40,000 workmen toiled at the height of construction, is India's third world-class airport after Hyderabad and Bangalore but dwarfs both. "It's an advertisement of India's ability to create world-class infrastructure," economist D.H. Pai Panandiker, who heads the independent RPG Goenka Foundation in New Delhi, a private economic think-tank, told AFP. As Asia's third-largest economy after China and Japan, India urgently needs to upgrade its dilapidated transport infrastructure, including ports and roads, which is seen as a major hurdle to accelerating economic expansion. "Overcoming our infrastructure handicaps will remove some of the major handicaps to faster growth," said Panandiker. India's airline passenger traffic rates are among the world's highest and are expected to double over the next five years. The new terminal was built by a public-private consortium -- headed by south India-based GMR Group -- that included Germany's Fraport and Malaysian Airports. Recommend Send IM Story Print Related Articles Saudi Arabia's Safco to pay 6 riyal dividend for H1 Reuters - 1 hour 5 minutes ago India opens ultra-modern airport terminal AFP - 1 hour 17 minutes ago Former Stanchart India exec to return to bank-report Reuters - 2 hours 22 minutes ago Newspapers look for ways to profit in Internet age AFP - 2 hours 57 minutes ago Maersk sees container rates at pre-crisis level this yr Reuters - Saturday, July 3 News Search Top Stories Kyrgyzstan gets Central Asia's first woman president Oil spill claims arriving faster than BP can pay them Falling unemployment fails to quell US recovery fears S.Africa judge drops drugs charge against Paris Hilton S.African judge drops drugs charges against Paris Hilton More Top Stories » Related Full Coverage China Economychina economy All Full Coverage » ADVERTISEMENT Most Popular Most Viewed Most Recommended Paris Hilton arrested after Brazil World Cup match: reports Who's right - the dolphin or the octopus? Reclusive top mathematician turns down prize, again S.Africa judge drops drugs charge against Paris Hilton From boy to man: Cuba's Elian gives thanks 10 years later More Most Viewed » Aussie men shoot each other in buttocks 'to see if it hurts' Amputee cat gets bionic legs Fans gather for Michael Jackson death anniversary Who's right - the dolphin or the octopus? More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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