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Thursday, Oct 21, 2021
Outlook.com

Mayday In Maldives

GMR’s Male airport project runs into political turbulence

Mayday In Maldives
Mayday In Maldives
outlookindia.com
-0001-11-30T00:00:00+05:53
GMR’s Island Troubles Likely Scenarios

  • GMR wins 25-year Male Airport contract in 2010, signed by the then Nasheed government 
  • GMR has already invested $240 million of the $500 million build-operate-transfer project
  • Under the new Waheed regime, there's a move to scrap the project, saying it was signed under questionable conditions
  • Some sections in Maldives also say strategic sectors should not be given to “outsiders”
  • The Waheed...
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