Monday, July 05, 2010

New India airport testimony of MAHB’s expertise

New Delhi: New Delhi has got a new landmark with the completion of the US$2.5bil Indira Gandhi International Airport (IGI) Terminal 3, touted to be one of the 10 largest in the world. Malaysia Airports Holdings Bhd (MAHB) was party in its construction and will operate it for the next 30 years.
MAHB has a 10% equity stake in the consortium that built, operates and manages the airport. The IGI is the second airport in India that MAHB is involved in. The first is the Hyderabad International Airport in which it has an 11% stake.
“This goes to show the expertise and excellence of MAHB in building and managing airports around the world,” said Transport Minister Datuk Seri Kong Cho Ha.
Other members of the consortium are India’s infrastructure group GMR, Airport Authority of India (AAI) and Germany’s Fraport. GMR has a 54% stake in the consortium, AAI 26% and Fraport 10%.
MAHB has been instrumental in integrating the entire airport and the integration will be expanded to the domestic terminals located nearby Terminal 3.
It is also supporting the information technology infrastructure for the airport.
MAHB is now managing the Sahiba Gocken International airport in Istanbul (20% stake) together with GMR and recently won the bid to build, operate, modernise and expand the Male International Airport in the Maldives.
The Saudi-Malaysian consortium, whose members include MAHB, has also been pre-qualified to bid for the first expansion phase of the Prince Mohammed Bin Abdulaziz airport in Medina.
05/07/10 B K Sidhu/The Star online
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