The Union Government on 9 April 2010 gave in principle approval to Cochin International Airport's (CIAL) proposed airport-based industrial park.

The government has granted SEZ status for 250 acre of CIAL's property covering the industrial park project site, a major area of the maintenance hanger, science park and the airport museum.

While the area proposed for the Phase I is close to the apron and the MRO (maintenance, repair and overhaul) unit, the area earmarked for the Phase II of development is the property adjacent to the cargo complex. It also sets aside half an acre to set up a science park and two acre for constructing the proposed airport museum just outside the project site.

In November 2006, CIAL filed an application for granting SEZ status to its property and renewed the application later with a sector specific proposal.

CIAL has already floated a proposal inviting aerospace companies and entrepreneurs to set up industrial units in the project site with an airport-based SEZ status.

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