Cabinet committee approves new airport in Gujarat

The Cabinet Committee on Economic Affairs Tuesday approved the proposal for the development of Phase-I of a new greenfield airport in Dholera, Gujarat at an estimated cost of Rs 1,305 crore. The construction for the airport will be completed within 48 months, officials said.

The airport will also serve as a second airport to Ahmedabad, they added.

Notably, the move comes ahead of the assembly elections scheduled in Gujarat this year.

The project is being implemented by Dholera International Airport Company Limited (DIACL), which is a joint venture comprising Airports Authority of India (AAI), Government of Gujarat (GoG) and National Industrial Corridor Development and Implementation Trust (NICDIT) holding equity in the ratio of 51:33:16.