- The Uttar Pradesh government on Wednesday, October 7 signed a concession agreement with representatives of Zurich Airport International.
- The airport will be developed as a Public-Private Partnership (PPP) and is scheduled to open in 2024.
The Uttar Pradesh government on Wednesday, October 7 signed a concession agreement with representatives of Zurich Airport International for designing, building, and operating Noida International Airport at Jewar for 40 years.
The airport will be developed as a Public-Private Partnership (PPP) and is scheduled to open in 2024.
According to the bid document made public by Yamuna Expressway Industrial Development Authority last year.
When phase 1 development is completed in 2024, it will provide capacity for 12m passengers per year. When fully built by 2040, the airport will have two runways, two terminal buildings, parking bays for 102 aircraft and will be able to handle 7 crore passengers per annum.
Zurich Airport International AG (ZAIA) won the contract to build and operate the airport in Greater Noida for 40 years. ZAIA received the security clearance from the Union Ministry of Home Affairs to develop the Noida International Airport at Jewar in May this year.
