Monday, May 17, 2010

GMR group preparing to bid for Maldives airport project

India's GMR group, which successfully completed an airport modernisation project in Istanbul last year, is now looking at developing an airport in Maldives as part of its plan to expand international business.
The company has already done the due diligence of the project to upgrade the Hanimaadhoo airport at Upper North Province of Maldives which is nearly 300 kilometres from the national capital Male.
"GMR would like to expand its international profile and currently, we are looking at opportunities at the airport in Maldives," P S Nair, CEO of Delhi International Airport Limited (DIAL), a GMR-led joint venture company, told PTI in an interview here in southern Hainan province.
DIAL is currently working towards the modernisation and restructuring of the Delhi Airport. Nair was here to receive an award given to Indira Gandhi International Airport, Delhi by Airport Council International, the apex body of airports across the world.
"We have already carried out the preliminary survey of the project and now we are preparing to participate in the bidding process," he said.
In October last year, a consortium led by GMR Group had completed building the new terminal of the Istanbul Sabia Gokcen International airport at a cost of Rs 4,000 crore.
16/05/10 Press Trust Of India/Hindustan Times
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