Summary:
Noida: The Zurich Airport International AG (Flughafen Zürich AG) that signed a key agreement with the Noida International Airport Limited (NIAL) on Wednesday (October 7, 2020) to allow the Swiss developer to begin work at the site of the upcoming Jewar airport has said that the phase 1 is likely to be completed by 2024. Following the completion of phase 1, the Noida international airport (Jewar airport) will provide capacity for 12 million passengers per year. At this stage of the development phase (of Noida airport), we will do it ourselves," Daniel Bircher, Chief Executive Officer, Zurich Airport International (Asia) told PTI news agency. The agreement was signed by Dr Arun Vir Singh, CEO, Noida International Airport Limited (NIAL), and Christoph Schnellmann, Chief Executive Officer, Noida International Airport. The Noida International Airport will be developed on the public-private partnership (PPP) model..