Indian PM asks for “amicable” settlement in GMR issue
03 Jan 2014, 1:04 AM
Ahmed Rilwan
Indian Prime Minister Dr Manmohan Singh has requested President Abdulla Yameen Abdul Gayoom to “amicably” settle the GMR airport issue.
In a media statement regarding Yameen’s first state visit to India, Singh said he had discussed ways of expanding bilateral economic relations and said that an increase in Indian investments in Maldives would contribute to expansion of bilateral economic relations.
“In this context, I requested President Yameen to amicably settle the issue of Male International Airport and address the problems that some of our investors are facing. “ Singh said.
In 2010, the GMR Male International Airport Pvt Ltd (GMIAL) – a consortium of the Indian GMR Group (77%) and the Malaysia Airports Holding Berhad (23%) — was awarded a concession contract to manage Ibrahim Nasir International Airport in Male for a period of 25 years.
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