Zurich Airports win bid to build, operate Jewar airport for 40 years
NEW DELHI: Zurich Airports has won the contract to build and operate Jewar Airport in Greater Noida, which will act as the second airport for Delhi, for a period of 40 years that includes construction period of four years in the first phase.
“Under a 40-year concession, Flughafen Zürich AG will build and manage the new greenfield airport in Jewar. The capital investments associated with the first phase is expected to amount to roughly CHF 650 million (about Rs 4,670 crore) during the construction period of approximately four years in the first phase,” said a statement from Flughafen Zürich AG, which currently holds 100% of the project.
