The Yamuna Expressway Industrial Development Authority (Yeida) on Wednesday said a US-based company has sought 1,200 acres to develop an “American City” project –an international standard educational institute having facilities for performing arts and cultural ethos — near the Noida greenfield international airport in Jewar, along the 165km Yamuna Expressway that connects Greater Noida with Agra.
Yeida chief executive officer Arun Vir Singh said the proposal has been granted in-principle approval and the officials concerned have been directed to provide 1,200 acres of land in sectors 22D, 22E, 5, and 5A along Yamuna Expressway.
“The US based company met us on Tuesday and sought 1,200 acres for setting up an international standard educational institute having facilities for performing arts and cultural ethos. Some of the top US universities will partner in the venture. US-based consultancy firm Blue Sky Vantage represented the universities and submitted the proposal,” said Singh.
Blue Sky Vantage was not available for comment on the issue.
Yeida officials said the American company wants to invest four billion US dollars in the next six years in this mega educational project.
“After visiting several…
