The dream of Chief Minister N Chandrababu Naidu to transform Hyderabad into the transit hub for air travellers between the west and the east would be realised when the Centre takes a decision on a new open sky policy.
The Union Finance Minister, Jaswant Singh, indicated at the CII's Partnership Summit here that the policy could be announced in the next few months time.
Naidu had raised the issue with the Union Minister Singh and said 90 per cent of the work relating to formulation of the open sky policy had been completed. Both the finance minister and the civil aviation ministry were working in co-ordination towards the new policy.
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Andhra Pradesh is currently promoting a new world class international airport at Shamshabad near the city for which the bid of a consortium consisting of the Bangalore-based GMR Group and the Kaula Lumper International Airport has been approved.
Naidu is keen that the multi crore airport should have better facilities than those at the world