Zurich Airport gets UP govt nod to develop Jewar airport; construction starts in February

Uttar Pradesh Cabinet has approved Zurich Airport International as developer for Jewar airport and its construction is expected to begin in February. The formal nod from Uttar Pradesh government comes after a bidding process in which Zurich Airport beat Delhi International Airport Limited (DIAL), Adani Enterprises and Anchorage Infrastructure Investments Holdings on November 29. This will be NCR’s third airport after Delhi’s Indira Gandhi International Airport and Ghaziabad’s Hindon. The winning bid was then put up before the project monitoring and implementation committee (PMIC) of the state government, before being forwarded to the Cabinet. “The Cabinet has approved Zurich Airport International as developer for Jewar airport,” UP’s Additional Chief Secretary (Home and Information) Awanish Awasthi confirmed after the meeting here. The Swiss firm offered a premium of Rs 400.97 per passenger to the government, the highest among the bidders.