Country updates
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November 02, 2016
GMR wins arbitration against Government of Maldives; gets compensation of US$ 270 million
GMR Male International Airport Limited (GMIAL), a subsidiary of GMR Infrastructure Limited, has announced it has been awarded compensation of approximately US$ 270 million by the 3 member internationa...
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February 26, 2016
Maldives Tribunal rules out in favour of GMR Airports
Maldives airport arbitration tribunal has ruled that such damages payable by Government of Maldives to GMR Infrastructure will also include all the sums lent by Axis Bank Singapore to GMR Infrastructu...
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June 30, 2014
Three Chinese companies submit proposals for Maldives bridge PPP
The Government of the Republic of Maldives has received three proposals from Chinese companies to develop the Male'-Hulhule bridge through a PPP project.
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June 24, 2014
GMR wins tribunal case against Maldives over cancellation of Male airport
GMR Infrastructure announced that an international tribunal has declared its concession agreement to upgrade Male international airport in the Maldives was valid.
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May 12, 2014
GMR claims $1.4 billion compensation for Maldives airport
GMR reported in late April that is seeking a US$1.4 billion compensation claim over the Maldives Government decision to terminate the PPP contract to develop Male international air...
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