The Cabinet Committee on Economic Affairs (CCEA) approved the Dholera International Airport project in Gujarat today (June 14).
“The airport, which will be connected by highways, rapid transport system and railways, will be owned by Airports Authority of India and the government of Gujarat”, Said Anurag Thakur, Information and Broadcasting Minister
Thakur said that an investment of Rs 1,305 crore will be spent in phase one of the Dholera airport which is expected to be completed in four years. The airport would be developed in three phases at a cost of Rs 1,712 crore.
The government expects the Dholera airport to cater to 3,00,000 passengers and handle 20,000 tonne of cargo in 2026.
During Phase-1, a 3,200-metre-long runway will be built for type 4E aircrafts, in the Phase-2, the same runway would be extended to 3,800 metres while in Phase-3, the second runway will be built.
The development will be funded by equity of 40 percent and 60 percent debt, he added.
The new facility is being set up in Greenfield city under the Delhi-Mumbai Industrial Corridor (DMIC) project at Dholera.