Jacobs to Develop 25-Year Master Plan for Cochin Airport
Jacobs will create a 25-year master plan for Cochin International Airport to manage long-term passenger and cargo growth in southern India.
Jacobs announced on November 11 that it was selected to develop a 25-year master plan for Cochin International Airport in southern India. The project will evaluate infrastructure requirements to accommodate long-term passenger and cargo growth, including the potential for a second runway, new terminal and cargo facilities, and multimodal ground transportation. The master plan is expected to be completed within 10 months and will incorporate an environmental and social impact assessment framework.
Cochin International Airport Limited plans approximately $426 million in capital spending through March 2031. These investments include expanding Terminal 1, modifying the cargo complex, and developing a pier at Terminal 3. The airport intends to finance roughly half of this expenditure through debt, with the remainder funded by cash and internally generated funds.
The airport handled approximately 11.3 million passengers in the fiscal year ending in March. International traffic has accounted for about 47% of total volume over the last three years.
