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Zurich AG is to pay 10 lakhs per day to the Yogi government. But why

  • Posted on February 5, 2023
  • News
  • By Akta Yadav
Zurich AG is to pay:-
Zurich AG, a Switzerland-based company, is building the dream airport for Indians in Noida. As per sources, upon completion, the airport in Noida will be the biggest in business throughout the country. Zurich AG is to pay Zurich AG is to pay The plans are to make the airport operational by October 2024. With the exuberant work taking place on the site, one can hardly second-guess the date. The airport is planned to be built in 4 phases over a few decades. The fourth phase will be constructed by 2050, as per reports. The airport can accommodate millions of passengers every year.  The UP Chief Minister is, however, not stopping here. He has plans to construct a 220-room luxury hotel near the airport. Moreover, a mall will also be built for the convenience of the passengers. If you think that's it, there is more to the business. A metro line connecting the International Airport to the IGI Airport will also be constructed. Notably, Zurich AG has said to deliver the airport by 29 September 2024. As per the agreement with the government, a failure to due dates will result in a penalty of 10 lakhs each passing day. It means that the company will start paying a lumpsum amount of 10 lakhs every day from 30 September 2024.  The project will result in a reformation of the entire state of UP. If build within time as per the plans, it can lead to thousands of jobs for the unemployed, while creating UP as a tourism destination for many.    Zurich AG is to pay Zurich AG is to pay For more updates keep visiting our website where we provide unbiased, true, and top stories of the world.  
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Akta Yadav

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