To kick start the work of the ambitious Jewar International airport, the state government has recently announced that the foundation-laying ceremony of the project would be performed before Diwali this year. Prime Minister Narendra Modi and Uttar Pradesh Chief Minister Yogi Adityanath would attend the event and perform the ceremony.
According to the latest Technical Economic Feasibility Report (TEFR) prepared by PwC, the airport project is expected to generate about one lakh employment opportunity.
The TEFR also claimed that the airport will be ready in 36 months from the foundation stone laying ceremony. As per the report, around 19,000 crore would be incurred towards land acquisition and construction works.
Speaking more about the foundation ceremony officials said, “The airport project received in-principle approval from the Centre on April 23. The foundation-laying ceremony is likely to be performed towards October-end as Diwali falls in the first week of November.”
They further said that PM Narendra Modi along with Uttar Pradesh CM Yogi Adityanath would be attending the foundation stone-laying ceremony which would take place before the Diwali celebrations.
Apart from that it is also said that YEIDA is planning to soon float the scheme for development of hotel, motel, plaza, shopping center and convention centre around the project.
“An investment of about Rs 80,000 crore is expected in the first phase with plans for star hotels, laser plaza, shopping complexes, convention centers and world class market chain being planned, benefitting the region significantly and the farming community at large.” Said officials.
Few days back, ministry of civil aviation has directed Yamuna Expressway Industrial Development Authority (YEIDA), and PricewaterhouseCoopers (PwC) to prepare a bid document in order to select a concessionaire, who will develop the international airport. The MoCA also fixed a timeline to float the RFP in July.
It has been decided that in the first phase, construction of terminal buildings and runways will take place on 1327 hectare of land. PwC has earlier predicted in their TEFR that the proposed airport is all set to cater 80 million passengers once it will get operational by 2022-23.