Kinjarapu Ram Mohan Naidu, Union Minister of Civil Aviation, said that the government would make serious efforts to amplify real estate activities within proximity to upcoming and new airports to ensure sectoral growth to an intended level of 15 per cent. He pointed out that airports generate huge footfalls not only for recreation but also for diverse economic activities in and around their vicinity. Hence, the Government intends to encourage the creation of convention centres and hotels close to such airports for multiple economic gains.
