MALDIVES AIRPORT DEVELOPMENT PLANS WILL SEE NEW RUNWAY SERVE UNUSUAL ISLAND FACILITY
July 1st, 2017
PUBLIC authorities in the south Asian island nation of Maldives are themselves developing the country’s main Ibrahim Nasir International Airport, after a dispute with India’s GMR Group ended in a costly arbitration ruling.
This dated back to 2010 when GMR Male International Airport Ltd (GMIAL), a subsidiary of India’s GMR Infrastructure Ltd, signed a concession agreement with the Maldives government and the Maldives Airport Company Ltd (MACL) to modernise and operate the airport.
The Mumbai-based GMR Group, also active in energy, urban infrastructure and ...
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