NIIF Eyes Up to Rs 6.75 Bn Investment for Greenfield Airport in AP
AVIATION & AIRPORTS

NIIF Eyes Up to Rs 6.75 Bn Investment for Greenfield Airport in AP

The National Investment and Infrastructure Fund (NIIF) is poised to make a significant investment of up to Rs 6.75 billion for the establishment of a Greenfield International Airport in Andhra Pradesh. This strategic initiative underscores NIIF's commitment to advancing infrastructure development and bolstering regional connectivity in the country.

The proposed investment in the Greenfield International Airport aligns with NIIF's broader vision of supporting critical infrastructure projects that contribute to economic growth and development. The airport project is expected to not only enhance regional connectivity but also stimulate economic activity and create employment opportunities in Andhra Pradesh.

The financial commitment from NIIF reflects confidence in the potential of the aviation sector and the strategic importance of well-planned, state-of-the-art airports in fostering economic development. The Greenfield International Airport is envisioned as a key driver for trade, tourism, and overall economic growth in the region.

As India continues to invest in its aviation infrastructure, NIIF's substantial contribution to the Greenfield International Airport project signals a collaborative effort between the public and private sectors to create world-class transportation hubs that meet the evolving needs of a growing economy.

The National Investment and Infrastructure Fund (NIIF) is poised to make a significant investment of up to Rs 6.75 billion for the establishment of a Greenfield International Airport in Andhra Pradesh. This strategic initiative underscores NIIF's commitment to advancing infrastructure development and bolstering regional connectivity in the country. The proposed investment in the Greenfield International Airport aligns with NIIF's broader vision of supporting critical infrastructure projects that contribute to economic growth and development. The airport project is expected to not only enhance regional connectivity but also stimulate economic activity and create employment opportunities in Andhra Pradesh. The financial commitment from NIIF reflects confidence in the potential of the aviation sector and the strategic importance of well-planned, state-of-the-art airports in fostering economic development. The Greenfield International Airport is envisioned as a key driver for trade, tourism, and overall economic growth in the region. As India continues to invest in its aviation infrastructure, NIIF's substantial contribution to the Greenfield International Airport project signals a collaborative effort between the public and private sectors to create world-class transportation hubs that meet the evolving needs of a growing economy.

Next Story
Resources

RentenPe and Mygate Partner to Transform Rent Payments in India

Through a strategic partnership, RentenPe and Mygate aim to streamline rent payments and promote financial inclusion by enabling rent-based credit scores for Indian renters. RentenPe, India’s first Rent Credit Score™ platform and a pioneer in rental fintech innovation, has entered a significant alliance with Mygate, the leading community management app in the country. This partnership will transform rent transactions for millions of Indian households by embedding RentenPe’s payment and rent credit scoring technology directly within the Mygate app. With this integration, all ren..

Next Story
Real Estate

Supreme Unveils New Brand Identity to Elevate Lifestyle

Supreme, a respected name in Indian real estate with a four-decade legacy, has announced a complete rebranding. The move includes the launch of a new logo and a revamped website, both reflecting the group’s refreshed vision to ‘Elevate Lifestyle’. This brand transformation represents more than a visual refresh—it marks a strategic shift in the company’s mission, visual identity and market positioning. The update will be visible across all of Supreme’s digital, social and offline communication platforms. At the core of the initiative is a renewed focus on purposeful design..

Next Story
Infrastructure Urban

Capri Loans Launches #TarrakiKeHaath Campaign Honouring India’s Everyday Heroes

Capri Global Capital Ltd (Capri Loans), a leading non-banking financial company, has unveiled its latest brand campaign, #TarrakiKeHaath, a powerful tribute to the everyday hands that build India — from kirana store owners and taxi drivers to dhaba workers, tailors, and carpenters. Narrated by Capri Loans’ long-standing brand ambassador and acclaimed actor Pankaj Tripathi, the campaign celebrates the dignity, resilience, and aspirations of self-employed individuals and small business owners who form the backbone of Bharat’s economy. Conceptualized by Rediffusion Brand Solutions, the..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?