WBIDC: West Bengal Industrial Development Corporation Ltd. (WBIDC) was formed in 1967 and is the premier nodal agency of West Bengal’s Industries, Commerce Enterprises Department. It is responsible for conceptualizing, development, growth and facilitation of industry, investment and infrastructure in West Bengal. Over the years the corporation has been actively engaged in catalyzing investment through promotion and marketing of West Bengal as an investment destination. WBIDC provides support to industries through four ways – Facilitation, Financing, Disbursing Incentives, and by Setting up Industrial Parks. WBIDC also makes regular interaction with various Chambers of Commerce at national and international level to promote different activities.
BAPL has signed a joint venture development agreement with West Bengal Industrial Development Corporation Limited (WBIDC) for developing India’s first private Greenfield Aerotropolis at Durgapur-Asansol Region (Burdwan) district of West Bengal. WBDIC has recently increased its stake in our project to 26%, which has been an honourable win for us!
Changi Airport: Changi Airports International (CAI) is a leading consultant, manager and investor in the global aviation market. It has extensive global experience that spans over 20 countries and more than 50 airports, including Singapore Changi Airport. Some of the projects include Brazil’s Tom Jobim International Airport, India’s very first aerotropolis, five airports in Russia’s Krasnodar and the eastern regions. CAI is committed to being a valued partner in the global aviation market, creating airports of the future and delivering sustainable growth to our partners and investee airports. CAI is a wholly-owned subsidiary of Changi Airport Group. Changi Airports India Pte Ltd — a subsidiary of Changi Airports International Pte Ltd (CAI) Singapore is an investor and manager of airports worldwide and has formed CAIPL for its investment projects in India. At present it has a 30% stake in our project and is among our major investors.