Categories: News/City Updates

Vizag: Construction work of Bhogapuram International Airport commences

Six months after CM Jagan laid the foundation stone, the GMR Group is all set to commence the construction work of the Bhogapuram International Airport near Vizag today. This project at Bhogapuram will mark GMR’s fourth major airport in the country, after Goa, Delhi, and Hyderabad. The GMR Group acquired a loan of Rs 4,000 crores from an Indian Infrastructure Finance Company (IIFCL) run association for the construction.

Being built on a massive budget of approximately 4,600 crores, the airport is slated to serve 18 million passengers annually at the end of the three-phased construction. This venture is estimated to benefit six million passengers annually after its first phase. The airport is being constructed expansively on 2,200 acres with a cargo terminal across 5,000 sqm.

Also read:

Vizag international stadium to undergo development ahead of cricket extravaganza

As per sources, the Chairman of GMR Group, G Mallikarjuna Rao, arrived in Vizag on Tuesday for a holy ceremony to mark the commencement of Bhogapuram International Airport construction work. It may be recalled that CM Jagan, at the inauguration of the Infosys office at Ruhsikonda, stated that the airport would be ready by 2025. “We have a beautiful international airport just taking off. Vizag will have its exclusive civilian international airport in two years,” highlighted the CM.

Stay tuned to Yo! Vizag website and Instagram for more city news updates.

Share
Leave a Comment

Recent Posts

Rushikonda buildings: Chandrababu Naidu hits out at Jagan

Chief Minister N Chandrababu Naidu has come down heavily on former Chief Minister Y S…

6 hours ago

Roads in State will be pothole-free by Sankranti: CM

Chief Minister N Chandrababu Naidu has said all roads in the Andhra Pradesh state should…

6 hours ago

5 reasons why you should watch Bhool Bhulaiyaa 3 now!

Kartik Aaryan's new horror-comedy, Bhool Bhulaiyaa 3, is the talk of the town, winning hearts…

7 hours ago

Bigg Boss Telugu 8: Nikhil’s Aggression Shocks The Audience!

Bigg Boss Telugu is a popular reality show with a huge viewership from all ages.…

10 hours ago

IT employee dies in road accident in Vizag

A youth died in a road accident near Panorama Hills in the limits of the…

11 hours ago

7 upcoming events in Visakhapatnam this November that are actually fun!

As we step into a new month, fresh possibilities and memories waiting to be made…

11 hours ago