Zurich Airport gets security clearance to build Noida's Jewar airport

Switzerland's Zurich Airport International AG on Tuesday got the security clearance for the development of the Noida International Greenfield Airport at Jewar.

Principal Secretary to UP Chief Minister, SP Goyal, took to Twitter to inform about the development.

"Glad to share that Zurich Airport International AG has got the Security Clearance for the development of the Noida International Greenfield Airport at Jewar!!," Goyal tweeted.

Glad to share that Zurich Airport International AG has got the Security Clearance for the development of the Noida International Greenfield Airport at Jewar!!
 

— SP Goyal (@spgoyal) May 19, 2020

Last year in November, Zurich Airport had won the contract to bid and operate the proposed international airport at Jewar, Uttar Pradesh. 

The Swiss firm offered Rs 400.97 per person, compared with Adani Enterprise Limited's Rs 360, Delhi International Airport Limited's Rs 351 and Anchorage Infrastructure Investment Holdings Limited's Rs 205.

Zurich Airport also developed Bengaluru's Kempegowda International airport in partnership with other companies. However, it sold its stake in 2017 that marked its exit from India. Jewar will be the firm's re-entry into the country's airport infrastructure segment.

Located on the outskirts of Delhi, the airport has sparked hopes for the long-delayed project that will act as the second airport for the national capital.

The first phase of the project is due to be operational by 2023, will be able to handle 12 million passengers per year.