The Yamuna Expressway Industrial Development Authority (YEIDA) has extended the deadline for the global tender to apply for the development of the International Film City near the upcoming Jewar Airport. The revised deadline is now December 15 and the technical bids for the project will be opened on December 20, officials privy to the development said.
They said that the move to extend the deadline comes after prospective bidders, some of them major global firms, sought more time to apply for the project. Earlier, the deadline was November 30. The first phase of the Uttar Pradesh government’s ambitious Film City project envisages development of 230 acres involving an investment of around Rs 1,500 crore. The area earmarked for the entire Film City project is 1,000-acres.
The Film City will come up in sector 21, which is situated adjacent to the Yamuna Expressway and is located only six kilometers from the Noida International Airport in Jewar. YEIDA had, on September 30 this year, floated a global tender for the third time, inviting investors and production houses to develop, operate and maintain the first phase of the project on a public-private partnership (PPP) model.
