Zurich Airport International to design and operate Noida International Airport under a 40-year concession.

The Government of Uttar Pradesh sign the concession agreement with representatives of Zurich Airport International to commence the development of the Noida International Airport at Jewar.

The concession agreement was signed by Dr. Arun Vir Singh, CEO, Noida International Airport Limited (NIAL) and Christoph Schnellmann, Chief Executive Officer, Noida International Airport amidst dignitaries from the Government of Uttar Pradesh and Noida International Airport namely SP Goyal Additional Chief Secretary CM and Civil Aviation Department GoUP, Surendra Singh Director, Civil Aviation Department GoUP, Smt. Ritu Maheshwari CEO Noida and Director NIAL, Narendra Bhushan CEO Greater Noida and Director  NIAL, Shailendra Bhatia, Nodal Officer, NIA  at NIAL Office in Greater Noida as well as Kiran K Jain, Chief Operating Officer and Shobhit Gupta, Head Legal, Noida International Airport.

SP Goyal, Additional Chief Secretary, CM & Civil Aviation Department, Government of Uttar Pradesh said, “Infrastructure development will be key to economic recovery, not only in the state but also for the country. The construction of Noida International Airport will support economic growth through job creation in the state, while making it the most preferred destination for domestic as well as global investors in the upcoming years. We look forward to supporting the Zurich Airport International team to jumpstart this mega project, which will reinforce the economic progress of the state of Uttar Pradesh.” 

The agreement grants Zurich Airport International the licence to design, build and operate Noida International Airport for a period of forty years.

Daniel Bircher, Chief Executive Officer, Zurich Airport International (Asia) said, “The signing of the concession agreement marks an important milestone in the development of the Noida International Airport. When phase 1 development is completed in 2024, we will provide capacity for 12m passengers per year. In partnership with the Government of Uttar Pradesh and the Government of India, Zurich Airport International looks forward to making this airport a major player in Indian air transportation and a benchmark for ease of use for passengers and logistic partners. We are a committed and trusted partner for India’s growth, and see tremendous opportunity to invest and participate in India’s aviation growth story.” 

Noida International Airport will be developed as a Public Private Partnership (PPP). Scheduled to open in 2024, NIA will merge Indian culture and hospitality with Swiss technology and efficiency. India’s newest greenfield airport will deliver quick, efficient processes and excellent value for passengers, airlines and partners. NIA will operate as a fully digital airport, providing a safe and contactless travel experience and customized commercial offerings for passengers. NIA will be the first net zero emissions airport in its class, setting a new standard for sustainable aviation.

Dr. Arun Vir Singh, Chief Executive Officer, Noida International Airport Limited (NIAL) said, “We are pleased to sign the concession agreement with Yamuna International Airport Private Limited (YIAPL) to commence work on the Noida International Airport. This world-class airport will not only connect western UP region with other domestic and international destinations, but also provide additional capacity to Delhi NCR region. Together, we look forward to building India’s leading airport which boasts of quality, efficiency, technology and sustainability. We are very excited to begin work as we move ahead with a vision to co-create a world-class facility.”

In November last year, Zurich Airport International AG (ZAIA) won the contract to build and operate the airport in Greater Noida for a period of 40 years. ZAIA received the security clearance from the Union ministry of Home Affairs to develop the Noida International Airport at Jewar in May this year.