GMR Airports Limited (GAL), a subsidiary of GMR Infrastructure Limited, today signed the agreement with Government of Goa for the development and operation of north Goa’s Greenfield International Airport at Mopa.
GMR Airports Ltd (GAL) a subsidiary of GMR Infrastructure Ltd, is one of the largest airport developers in the world; handling more than 70 million passengers per annum both in India & Overseas.
GMR will design, build, finance and operate the international airport for 40 years with extension option for another 20 years.
The construction period for the first phase of the project is three years from the date of financial closure and is expected to be operational by mid of 2020.
Srinivas Bommidala, Chairman-Airports, GMR Group, said, “We are excited about the project and the opportunity to partner with the Government of Goa.. Goa is the marquee beach tourist destination of India. Given our vast experience in the airport space, we are confident that we will deliver an airport which not only reflects the rich cultural heritage & ethos of Goa but also augments Goa’s standing as the leading tourist destination of choice in Asia while boosting jobs for the local community and bringing economic benefits to the state of Goa.”
08/11/16 RTN.Asia
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GMR Airports Ltd (GAL) a subsidiary of GMR Infrastructure Ltd, is one of the largest airport developers in the world; handling more than 70 million passengers per annum both in India & Overseas.
GMR will design, build, finance and operate the international airport for 40 years with extension option for another 20 years.
The construction period for the first phase of the project is three years from the date of financial closure and is expected to be operational by mid of 2020.
Srinivas Bommidala, Chairman-Airports, GMR Group, said, “We are excited about the project and the opportunity to partner with the Government of Goa.. Goa is the marquee beach tourist destination of India. Given our vast experience in the airport space, we are confident that we will deliver an airport which not only reflects the rich cultural heritage & ethos of Goa but also augments Goa’s standing as the leading tourist destination of choice in Asia while boosting jobs for the local community and bringing economic benefits to the state of Goa.”
08/11/16 RTN.Asia
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