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Noida: US Firm to Build $4 Billion American City on Yamuna Expressway

A US company plans to invest about $4 billion (approx. ₹33,653 crores) to develop the "American City" near the Noida Greenfield on 1200 acres, close to Jewar Airport and Yamuna Expressway.
 

The Yamuna Expressway Industrial Development Authority has given its in-principle approval for the ambitious "American City" project near Noida. YEIDA Chief Executive Officer, Arun Vir Singh said, "We have agreed for the project. Now officials would be directed to supply 1200 acres of land for the project under sectors 22E, 22D, 5, and 5A along Yamuna Expressway." It is well positioned next to Jewar Airport and Yamuna Expressway that connects Greater Noida with Agra.

YEIDA Approves $4B 'American City' Project Near Noida

Blue Sky Vantage, the US firm spearheading the project, presented a formal presentation to the authorities in Noida on Tuesday. The total investment stands at $4 billion or approximately ₹33,653 crore over six years; facilities to be erected will include educational and cultural institutions with an American twist. According to the vision, Blue Sky Vantage is going to open the campuses of the best universities in America so that the American City would be turned into a city for high education and cultural exchange.

The American City project would include various institutions and cultural facilities in the light of American standards and know-how. Educationally, this would involve cooperation with America's best universities. As a company specializing in working with top American universities, Blue Sky Vantage would lead the way in this area, bringing the best in the academic and research area into the region.

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This is going to change the face of this area with economic and social landscapes to support the educational and cultural benefits which will develop in this region as a landmark in education and culture for a large number of students, professors, and working professionals," said YEIDA.