GMR's Maldivian trouble
- 11 years ago
It's a major blow to Bangalore-based GMR Infra. the Maldives government wants termination of the contract awarded to GMR for upgrade of the Male airport, a decision that has evoked strong reaction from the Indian Govt. The project that costs over $500 mn has been hanging in the balance ever since the regime change in Maldives earlier this year.