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GMR aims to boost international airport business, from Europe to Indonesia

Bids for airports in Thailand, Indonesia, will sell four road projects

GMR
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Arindam Majumder New Delhi
GMR Infrastructure is looking to expand its international footprints before its demerger, after which its airport arm would be listed as a separate entity. 

The group has bid for the redevelopment project of U-Tapao Airport in Pattya, Thailand and Hang Nadim Airport in Batam region of Indonesia.

The group is also looking to raise its stake in a joint venture with Terna Group, which is going to build and operate Heraklion Airport at Crete Island in Greece.

Currently, the group is the fourth-largest airport operator in the world handling around 325 million passengers annually.  "We are bullish about our international projects. Along with

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First Published: Sep 26 2019 | 7:45 PM IST

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