Government agrees to amend GMR fee while rooting for ADC

09 Jan 2012, 7:44 PM
Eleanor Johnstone
The government has agreed to deduct expected revenue from the US$25 (Rf385.5) Airport Development Charge that was to be charged from passengers departing on international flights from Ibrahim Nasir International Airport (INIA) from GMR’s concession fee to the Maldives government.
The agreement is subject to change according to a verdict from the High Court in a related case, and the passage of a bill currently before Parliament.
GMR’s request that the amount be deducted from its concession fee to the government was made to Maldives Airports Company Limited (MACL) last week, and approved following discussions between the Finance Ministry and the Maldives Airports Company Limited (MACL).
MACL officials did not respond to phone calls at time of press.

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