Tuesday, June 29, 2010

GMR Infrastructure To Build, Operate Maldives Airport

Aviation Daily Jun 29 , 2010 , p. 14
Neelam Mathews

GMR Infrastructure Ltd. is increasing its foray into international airport development with a contract to build, operate, modernize and expand Male International Airport (MIA) in Maldives.

GMR, which along with consortium partners won the bid to develop Istanbul, Turkey’s Sabiha Gökçen International Airport, opened the airport last year, one year ahead of schedule. The new international terminal, which is designed to handle 20 million passengers, was built for $606 million with a 20-year concession period.

The term of the Male Airport contract is for 25 years. MIA, a gateway to resort islands, also includes a seaplane port. Situated on Huhule Island on the southwestern tip of India, Male Airport is the largest airport in the capital of Maldives. With its tourism potential and exponential growth in passenger movement, it is the base for tourist traffic from Europe in the entire region.

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