RICH AIRPORT, L INK PACT FOR VELOPMENT OF IDA INT’L PORT

Chief minister Yogi yanath on Saturday stated the process of construction he Noida International ort was expedited with Zurich Airport Internaal signing shareholder ement with the Noida rnational Airport Limited L), an entity of the state rnment. ime Minister Narendra i is likely to the lay foundastone of the project next th. With this agreement, ess to transfer 1334 hecof land to the NIAL by the government for a 90-year for the Jewar Airport has completed. e shareholder agreement een airport developer pany Zurich Airport Interonal (AG), Yamuna Interonal Airport Pvt Ltd, a 100 ent subsidiary of Zurich ort International and NIAL formalised at the virtual mony in presence of CM Adityanath. he Yamuna International ort Pvt Ltd has been incorted as a special purpose cle (SPV) to develop the nfield Noida International ort at Jewar, on the outs of Delhi. he signing of the shareer agreement is the next in the direction of progress he state. The Noida Interonal Airport will be the chmark for a modern, d-class airport in India,” CM Yogi Adityanath. e first phase of the project likely to be operational by when it would handle 12 ion passengers per year, the state government. uring the past four years, e has been a lot of developt in the field of civil aviain Uttar Pradesh,” said the “In 2017, there were only functional airports in the . Out of these only Lucw and Varanasi were reguhile Gorakhpur and Agra

to have infrequent ts,” said the CM. present there were 10 airs under construction, he d. “The Kushinagar Internal Airport is almost com. International flights will anytime,” informed the “The Jewar Airport is a t medium for us to pursue re prospects. It will help in ing Uttar Pradesh a one on dollar economy,” he The second phase of the r airport is proposed to be pleted by financial year

and will increase its city to 30 m passengers ear.