GMR not worried about airport politicking, will invest US$373 million
13 Jul 2010, 12:54 AM
The GMR-Malaysia Airports Holdings Berhad (MAHB) consortium that recently won the controversial bid to develop Male’ International Airport will spend US$373 million on the upgrade, MAHB has reported.
Speaking at the opening of the cavernous Delhi Terminal 3 last week, GMR Manager P Sripathi told Maldivian journalists that physical work would begin on the airport towards the end of this year.
“The first phase is organising the finances and transitioning the airport from a government-run enterprise to a privately-run enterprise,” he explained.
“The transition will be a new thing [for the Maldives] and we will be there to help with that. We have done such things in other places, and we know how to go about it,” he said.
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