Delhi-Mumbai Industrial Corridor Development Corporation on Friday said it has appointed transaction advisors for the greenfield Dholera airport in Gujarat.

The advisors have been “tasked with analysing and evaluating various plans, including detailed project report prepared by the Airports Authority of India and suggesting a suitable mode of implementation,” the corporation said in a statement.

PricewaterhouseCoopers in consortium with Airport Planners and Design Consulting Pvt Ltd and SPA Legal, has been named transaction advisors for the airport which will be built over 1,426 hectares,” it said.

The airport will serve the logistical requirement of a key node — the Dholera special investment region of the Delhi-Mumbai Industrial Corridor (DMIC).

Global hub

This region is being implemented by the Centre in partnership with the government of Gujarat and is being designed as a global hub for economic activities, equipped with world-class infrastructure and civic facilities.

It said the airport project is being managed and executed by a special purpose vehicle, the Dholera International Airport Company Ltd.

All necessary approvals, including a no-objection certificate from the Ministry of Defence, site clearance from the Ministry of Civil Aviation and environmental clearance have already been obtained, it added.

An aviation zone and MRO facility have also been planned over 2,500 hectares of adjacent government land, it said.

The $90 billion project is aimed at creating mega industrial infrastructure along the Delhi-Mumbai Rail Freight Corridor. Japan is offering aid for the project.

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