GMR to Maldives: Will not vacate airport by Friday
“We did not enter into Maldives for compensation. We have made several request to Government of Maldives for discussion on the issue but have not heard from them yet. However, we have been assured that no force will be used against us in vacating the airport and we hope to achieve an amicable solution soon,” said Sidharath Kapur CFO, GMR Airports.
Kapur also said that the Indian government has assured them full support on the issue without clarifying it further.
“We are thankful for India’s support to us since the beginning of the crisis and hope New Delhi will take everything possible from their armoury to ensure that something amicable comes out,” said Kapur.
The Maldivian government had on December 1 scrapped a 25-year-contract of the GMR Group to operate the international airport in Male and gave it a seven-day notice to vacate operations. The $500 million project was awarded during the regime of Mohamed Nasheed in 2010.
The project ran into trouble after Nasheed’s exit in February, with the new government alleging that its predecessor had favoured GMR by allowing it to levy a development fee of $27 per passenger and later allowing it to offset from the revenues of the government as the civil court had disallowed the levy. As a result, Maldives has
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