Infrastructure

After Japanese And Korean Cities, Yamuna Expressway Authority Receives $4 Billion ‘American City’ Project Near Noida Airport

Swarajya Staff

Nov 01, 2024, 11:37 AM | Updated 12:16 PM IST


A graphic of the upcoming Noida International Airport terminal building.
A graphic of the upcoming Noida International Airport terminal building.

As the Noida airport nears completion and development in the surrounding areas marks progress, there is an increase in global interest and investment in the region.

Following proposals for Japanese and Korean cities, a consultancy firm from the United States (US) has shown interest in establishing an "American City" — with campuses of American educational institutions, along with business, commercial, and institutional facilities such as hospitals and schools.

The Yamuna Expressway Industrial Development Authority (YEIDA) has received a proposal from Blue Sky Vantage — a US-based consultancy firm that helps American companies expand into new markets — to develop this hub over 1,200 acres across four sectors (22D, 22E, 5, and 5A).

This area is situated near the Noida greenfield international airport in Jewar, along the 165-kilometre (km) Yamuna Expressway that connects Greater Noida with Agra.

YEIDA CEO Arun Vir Singh stated that the proposal has received in-principle approval, and officials have been instructed to allocate 1,200 acres of land for the project.

“The U.S.-based company requested 1,200 acres to establish an international-standard educational institute with facilities for performing arts and cultural programs. Several top U.S. universities will partner in this venture,” Singh said.

The American firm plans to invest $4 billion in this extensive educational project over the next six years.

After exploring multiple cities, the company selected the YEIDA region for its development plans, aiming to acquire at least 1,000 acres with mixed land use for a multi-purpose complex.

The complex will include commercial towers, globally recognised institutions, and various economic activity hubs.

YEIDA has also previously announced plans for a Korean City in Sector 4A and a Japanese City in Sector 5A.

The Japanese City is slated to occupy 395 hectares, while the Korean City will cover 365 hectares.

Both projects are located close to the Noida airport in Jewar and are expected to benefit from this proximity.

Additionally, each city will offer residential units for staff from their respective countries.


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