NEW DELHI: India has become the first country to accept foreign workers in the construction of the country’s first airport in New Delhi, the government said on Tuesday.
The Ministry of Civil Aviation, Infrastructure and Transport (MCIR) said the project will be completed by 2021 and the project is expected to generate $15.4 billion in revenue for the government and help boost employment in the country.
The project is also expected to create jobs in other sectors.
The Indian Embassy in New York will host the construction process at the New York Airports Authority in Queens.
“We are happy to welcome the project of the New Delhi airport project, and look forward to working closely with the Indian Government and the private sector to help facilitate the project,” the Indian Embassy said in a statement.
“The project will create over 2,000 new jobs in the industry and will further enhance the local economy.
We look forward for the work to be completed soon.”
India is the first major industrialised nation to host a foreign workforce.
It is home to more than 500 million people, but only about 200,000 are foreign workers.
India’s population is less than 7% of the world’s population.
The New Delhi-based International Monetary Fund (IMF) estimates that India’s employment in construction is just 2% of what it was in 2005.
It says that about one in four of India’s total jobs is temporary.
In a separate development, the Indian government is planning to make the country a full member of the Organisation for Economic Co-operation and Development (OECD).
It will also become a full-fledged member of an international organisation.