YEIDA allots commercial space around Jewar airport
In a bid to attract industries to invest on the land parcels near the upcoming Jewar airport, the Yamuna Expressway Industrial Development Authority (YEIDA), has initiated the process of allotting industrial and institutional plots. By doing so, the agency wants to send a message to the industries that India is open to investment and UP is the best place. In the coming days, it is going to allot more plots, said additional chief executive officer of the Yamuna Authority, Shailendra Bhatia. He informed that applicants are being interviewed through video conferencing, and based on various parameters, allotment is being done in a transparent way. Besides, it has also allotted two land parcels for institutional purpose. The Uttar Pradesh government has earmarked about 5,000 hectares of land in Jewar on Yamuna Express for an aviation and transport hub. About 1,300 hectares of land will be handed over to Zurich Airports for the development of the airport in the first phase where the airport is expected to start operations around 2023-24.
📅Published on:
14 May 2020
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