Male: With GMR's USD 500 million Male airport project hanging in balance, Maldives President Mohamed Waheed Friday said he was discussing the issue with all stakeholders and is even open to the option of annulling the deal with the Indian firm.
GMR had won the airport contract during the government of Waheed's predecessor Mohamed Nasheed but the project has run into rough weather, particularly after a regime change in the country earlier this year.
The opposition during Nasheed's government had challenged the privatisation process and threatened to renationalise the airport should it come to power.
An opposition party also took to court the issue of USD 25 Airport Development Charge (ADC) to be charged by on outgoing passengers by GMR, as stipulated in the concession agreement.
21/09/12 PTI/ZeeNews
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GMR had won the airport contract during the government of Waheed's predecessor Mohamed Nasheed but the project has run into rough weather, particularly after a regime change in the country earlier this year.
The opposition during Nasheed's government had challenged the privatisation process and threatened to renationalise the airport should it come to power.
An opposition party also took to court the issue of USD 25 Airport Development Charge (ADC) to be charged by on outgoing passengers by GMR, as stipulated in the concession agreement.
21/09/12 PTI/ZeeNews
