Kannur Airport to be operational by 2014

The first Greenfield International Airport developing with personal participation at Kannur in Kerala is predicted to be operational by 2014, a senior minister said these days.The airport can return up at an estimated valueof Rs 1130 crore, with a paid up capital of Rs 500 crore and funds raised through loans Rs 630 crore, Kerala Ports and Excise Minister K Babu said within the Assembly in reply to a submission on the topic.