GVK to bid for Prague airport

New Delhi: It is learnt that the GVK Group, which is developing the Mumbai airport, is planning to bid for modernisation of Prague airport.
GVK sources said, the group is looking at opportunities abroad in eastern Europe and Latin American countries like Mexico. "A special team has been constituted to just keep track of emerging opportunities abroad," said a source.
GMR is also keen on entering eastern Europe in a big way and is looking at airports and road projects. It is shifting its international business development unit to London to closely watch opportunities from there.
"Whichever airport opens up for privatisation in Europe will be considered," said a GMR official. Indian developers were expecting some airports in Portugal to open up but so far there has been no development.
14/01/08 Saurabh Sinha/Times of India

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Categories: Airports Jan 2008, Foreign Jan 2008, New Jan 2008