COCHIN AEROTROPOLIS PROJECTS LIMITED
A Special Purpose Vehicle comprising of real estate and infrastructure companies,L&;T,INKEL A NRK funded PPP ENTERPRISE with technical partners like Changi Airport, Dubai World Central to create industrial and social infrastructure.The GMR Group and many other companies can invest in the aerotropolis and its various subprojects. INKEL has a strong capital base of Non Resident Keralites.To develop an entire satellite sub-city—houses, offices, factories, hotels, leisure. It will serve the airport and the airport will serve it.A “CITY BY ITSELF” A PRODUCTIVE COLLABORATION BETWEEN CIAL,REAL ESTATE DEVELOPERS AND THE NEIGHBORING MUNICIPALITIES OF ALWAYE,ANGAMALI,NORTH PARUR,PERUMBAVOOR ETC. It will shape and drive economic activity in the region.Industrial and IT Park,aircraft maintenance,megaplexes, repair and overall facility (MRO)which can be a spv or get investments from BOEING and GE AVIATION, aviation academy ,a health city, a captive power plant, manufacturing units and a rail-road terminal,star/budget hotels, logistics hub and center,18 hole golf course, residential township , retail centre, Star Hotels,Aviation Park,Hardware Park, Convention Centre/Exhibition Center, Amusement Park, cultural village, specialty hospital, educational institutions, Multi-Modal Transportation System( MMTS), Mono Rail Transport System (MRTS) preferably called the Cochin Air Metro which makes frequent stops around the airport — including the airline terminals, parking lots, hotel shuttle areas as well as remote areas.Bombardier Transportation should be the technical partner for the Cochin Air Metro.
Airport Shuttle buses that will ferry passengers to and from the airport from the designated 15 locations in the city,Dedicated Airport Train from city to Airport,Intermodal Transportation International Schools
CIAL’S AEROTROPOLIS(Airport City)
An economic development strategy of the 21st century now includes the planned AEROTROPOLIS, an aviation linked urban form consisting of an airport surrounded by tens of thousands of acres of light industrial space, office space, upscale retail mix, business-class hotel accommodations, restaurants, entertainment, recreation, golf courses, and single and multiple-family housing.
AIRPORTS AS CENTRAL BUSINESS DISTRICTS (CBD)
This new urban form has become a reality through the transformation of business from ground transport to air transport. The airport has become the Central Business District (CBD) providing employment, shopping, entertainment, and business meeting destinations, and spin-off businesses have sprung up around this new CBD in clusters of both radial and string formations.
PLANNING AND DESIGN
Planning and Design for the Aerotropolis includes European-style traffic circles, visually appealing architecture, integration of open space and active recreation, and mixed use development.
The creation of an Aerotropolis provides a region with the ability to attract corporations that rely on time-sensitive manufacturing, e-commerce fulfillment, telecommunications, and have air-travel intensive professionals by providing convenient access to air travel transport to national and international locations.
Expected returns for a community with the development of an Aerotropolis include an international business presence; an increase in tax base; an increase in travelers to the region; construction jobs; a high-income white-collar work force covering office, research, technology, retail and commercial; and an increase in local material purchases. Local spending will increase with the aerotropolis becoming a destination place for business, and travelers visiting the area for purposes other than business will partake of shopping and attractions that are provided.
COMPANIES RECOGNIZE NEED FOR SPEED, AGILITY AND ACCESSIBILITY
Since business is now global, the successful business of the 21st century will be one that recognizes the importance of speed, agility and accessibility in providing products and services to their customers.
There has been a shift in the past 20 years from price and quality to speed. Alfred Taubler describes evidence of this in his 1990 publication Power Shift. Taubler states that competition is now based upon “survival of the fastest”.
Companies must recognize that change is constant, and be ready to adapt to change with production flexibility and product customization. This agility combined with shipment speed is mandatory.
Air commerce has changed the local and national focus of business to an international and global audience and customer base. Companies must place themselves in a physically advantageous position to take advantage of air travel for expeditious delivery of goods