Thursday, December 20, 2012

GMR has done only peripheral work at airport, says Maldives official


Masood Imad, the media Secretary to the President’s Office in Maldives, has been quite blunt about alleged wrongdoings by GMR Infrastructure in bagging the Male International Airport development project and subsequently operating the airport.
GMR, the largest foreign investor in Maldives, was evicted from the airport earlier this month and has now claimed $800 million in damages.
Maldives continues to allege that GMR did little to develop the airport . AFP
But Maldives continues to allege that GMR did little to develop the airport and has also been disputing the $800 million compensation being sought.
20/12/12 Sindhu Bhattacharya/Firstpost
To Read the News in full at Source, Click the Headline