+
Land lease agreement signed for Jewar International Airport
AVIATION & AIRPORTS

Land lease agreement signed for Jewar International Airport

Land lease agreement for Noida International Airport (NIAL), Jewar, was signed virtually in the presence of Chief Minister Yogi Adityanath.

The state government had completed the process of leasing 1,334 hectares of land for Jewar Airport to Noida International Airport Limited (NIAL) for 90 years.

At the ceremony, a shareholder agreement was signed between airport developer Zurich Airport International (AG), Yamuna International Airport Pvt Ltd, a 100% subsidiary of Zurich Airport International incorporated as a Special Purpose Vehicle (SPV) to develop the Greenfield airport, and NIAL.

During a programme held at the Chief Minister's residence on Saturday, CM Yogi voiced their delight at the timely completion of the work on Jewar Airport despite the Corona pandemic.

According to the Chief Minister, Uttar Pradesh has made significant progress in the field of civil aviation over the last four years. In 2017, the state had only four operational airports, with only Lucknow and Varanasi having regular flights and Gorakhpur and Agra having infrequent ones.

CM Yogi said that the very idea of Jewar Airport sent out a positive message, but the same people who had previously obstructed development efforts by acting as middlemen during the formation of the Noida, Greater Noida, and Yamuna Expressway Authority became active. The district administration, according to CM Yogi, interacted directly with the farmers in such a situation.

CM Yogi recalled that development projects in the area had previously resulted in violence, agitation, and a severe law and order crisis, but that the land acquisition for this project went smoothly and peacefully.

Nand Gopal Nandi, Uttar Pradesh's Civil Aviation Minister, previously said that the Jewar Airport will become a global symbol for the UP. Officials from the Civil Aviation Department, the CEO of the Yamuna Expressway Industrial Development Authority, and representatives from Zurich Airport International (AG) were among those who attended the event.

Image Source


Also read: Zurich Airport inks pact for Noida International Airport development

Also read: Jewar airport gets security clearance from BCAS

Land lease agreement for Noida International Airport (NIAL), Jewar, was signed virtually in the presence of Chief Minister Yogi Adityanath. The state government had completed the process of leasing 1,334 hectares of land for Jewar Airport to Noida International Airport Limited (NIAL) for 90 years. At the ceremony, a shareholder agreement was signed between airport developer Zurich Airport International (AG), Yamuna International Airport Pvt Ltd, a 100% subsidiary of Zurich Airport International incorporated as a Special Purpose Vehicle (SPV) to develop the Greenfield airport, and NIAL. During a programme held at the Chief Minister's residence on Saturday, CM Yogi voiced their delight at the timely completion of the work on Jewar Airport despite the Corona pandemic. According to the Chief Minister, Uttar Pradesh has made significant progress in the field of civil aviation over the last four years. In 2017, the state had only four operational airports, with only Lucknow and Varanasi having regular flights and Gorakhpur and Agra having infrequent ones. CM Yogi said that the very idea of Jewar Airport sent out a positive message, but the same people who had previously obstructed development efforts by acting as middlemen during the formation of the Noida, Greater Noida, and Yamuna Expressway Authority became active. The district administration, according to CM Yogi, interacted directly with the farmers in such a situation. CM Yogi recalled that development projects in the area had previously resulted in violence, agitation, and a severe law and order crisis, but that the land acquisition for this project went smoothly and peacefully. Nand Gopal Nandi, Uttar Pradesh's Civil Aviation Minister, previously said that the Jewar Airport will become a global symbol for the UP. Officials from the Civil Aviation Department, the CEO of the Yamuna Expressway Industrial Development Authority, and representatives from Zurich Airport International (AG) were among those who attended the event. Image Source Also read: Zurich Airport inks pact for Noida International Airport development Also read: Jewar airport gets security clearance from BCAS

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Hexalog Appoints Vishal Shukla as Chief Transformation Officer

Hexalog, a cross-border supply chain and logistics company, has appointed Vishal Shukla as Chief Transformation Officer (CTO) to lead its operational transformation, technology adoption and expansion into new international markets.In his new role, Shukla will oversee the company's transformation strategy across operations, technology, product development and business expansion. His responsibilities include standardising processes, developing scalable operating models, strengthening existing trade corridors and introducing new fulfilment solutions for cross-border businesses.Shukla brings nearl..

Next Story
Real Estate

Dhuleva Group Awards 80-Storey Tower Contract to Eversendai

Dhuleva Group has awarded the core and shell structural construction contract for Dhuleva One50, an upcoming 80-storey ultra-luxury residential tower in South Mumbai, to Malaysia-based engineering and construction company Eversendai.Located near the Babulnath district, the development is planned as a high-rise residential landmark offering panoramic views of the Arabian Sea and Mumbai's skyline. The project will combine contemporary architecture with advanced engineering and premium residential facilities.Eversendai will undertake the structural construction works, drawing on its experience in..

Next Story
Building Material

Nuvoco Marks 10 Years, Targets 35 MMTPA Capacity by FY28

Nuvoco Vistas Corporation Limited is celebrating a decade of operations under the theme ‘Dus Saal Bemisaal’, highlighting its expansion in India's building materials sector. The company has grown from a single cement manufacturing facility into a diversified organisation operating across cement, ready-mix concrete (RMC) and modern building materials.The company's journey began in 2014 when its parent, Nirma Group, commissioned a 2 million metric tonnes per annum (MMTPA) greenfield cement plant at Nimbol, Rajasthan. A major milestone followed in October 2016 with the acquisition of Lafarge ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code