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Work on Jewar International Airport to start soon, key pact signed

Under the agreement between the companies, the developer, Zurich Airport International will have to submit the master plan of the Jewar Airport project in two months.

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The construction of Asia's largest Jewar International Airport will begin soon. The concession agreement between the Swiss company Zurich Airport International AG and Yamuna International Airport Private Limited (YIAPL) was finalised on Wednesday for the Noida International Airport project to be built at Jewar in Gautam Buddha Nagar.

Under the agreement between the companies, the developer, Zurich Airport International will have to submit the master plan of the Jewar Airport project in two months. Had the corona infection not happened, the concession agreement would have been done in April this year. The agreement was delayed due to the closure and lockdown of international flights.

The Uttar Pradesh government has acquired 1332 hectares of land for the first phase of the project in Jewar. The authority has also taken possession of it. The developer will be given possession of the land within a month of the agreement. Thereafter, Zurich Airport International AG will begin construction of the first phase of Asia's largest airport.

It will cost a total of Rs 29,560 crore to build this airport. In the first phase, two runways will be made operational by 2023. It is estimated that by 2027, the airport will have the capacity to handle about 12 million passengers every year.

The Jewar International Airport will provide safe and contactless travel experience to passengers through its fully digitalised airport systems. Another worth knowing aspect is that the airport will be the first net-zero emissions airport in its class for sustainable aviation.

The construction of Noida International Airport will lead to economic growth through job creations. Uttar Pradesh in recent years has emerged as a preferred destination for domestic as well as global investors.

 



 

 

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