Guj cabinet approves SPV for Dholera International airport
Gujarat cabinet Wednesday gave its nod to constitute a special purpose vehicle (SPV) exclusively designed for developing the Dholera International Airport.
Ahmedabad: Gujarat cabinet Wednesday gave its
nod to constitute a special purpose vehicle (SPV) exclusively
designed for developing the Dholera International Airport.
"The state cabinet has given its nod for constituting a
SPV for developing the Dholera International Airport. It will
be headed by the principal secretary, Industries," state
government spokesperson and Health Minister
"The SPV with an initial corpus of Rs 200 crore has
already bagged air space clearance from both the Union Civil
Aviation Ministry and the Union Ministry of Defence for
developing the international airport," Vyas said.
After the initial stages, the SPV could be opened for
private participation to carry out development of the airport
on Public Private Partnership (PPP) model, he said.
Gujarat government has already earmarked 1700 hectares of
land for this greenfield airport, proposed near Dholera
Special Investment Region, around 85 kilometres from here,
from where considerable portion of Delhi Mumbai Industrial
Corridor (DMIC) passes through.
A lot of domestic and international companies in sectors
like logistics, chemicals and dyes etc have offered to set up
their units in Dholera Special Investment Region (SIR),
proposed by the government, which makes it a relevant site for
setting up an airport, industry sources said.