New Delhi, June 14
A new commercial airport is set to come up at an aerial distance of around 80 km from the existing airport at Ahmedabad. The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi has approved a proposal for the development of phase I of a new greenfield airport at Dholera, Gujarat, at an estimated cost of Rs 1,305 crore. The work will be completed in four years.
The project will be implemented by Dholera International Airport Company Limited (DIACL), a joint venture company comprising the Airports Authority of India (AAI), Government of Gujarat (GoG) and the National Industrial Corridor Development and Implementation Trust (NICDIT) holding equity in the ratio of 51:33:16, respectively.
The proposed airport will get passenger and cargo traffic from Dholera Special Investment Region (DSIR) and is expected to become a major cargo hub. The airport will also cater to the nearby region.
Read More: Another airport near Ahmedabad gets Cabinet nod : The Tribune India