fbpx

Type to search

India’s GMR Wins Bid To Operate Medan Airport In Indonesia

GMR is looking at a 49:51 tie-up with AP2 for the project in Medan, which is the fourth biggest urban area in Indonesia and capital of North Sumatra province.


An aircraft is parked at an Indonesian airport. Kualanamu International Airport in Medan handled more than 10 million passengers in 2018. Photo: Reuters.

 

GMR Airports Ltd, a subsidiary of GMR Infrastructure Ltd, said it won a bid for the development and operation of Kualanamu International Airport in Medan, Indonesia.

Angkasa Pura 2 (AP2), the state-owned enterprise and the bidding authority for the Medan Airport, announced GMR as the winning bidder, a release from GMR said.

Medan is the fourth biggest urban area in Indonesia and is the capital of North Sumatra province. GMR is looking at a 49:51 tie-up with AP2 for the project.

The airport handled more than 10 million passengers in 2018.

 

  • Jim Pollard

 

ALSO READ:

 

Indonesian Island a New Frontier in Space Race: NYT

Indonesia Unveils New Garuda Rescue Plan: Jakarta Post

Indonesia’s GoTo Valued at $28.5bn on $1.3bn Pre-IPO Funding

 

 

 

Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years and has a family in Bangkok.

logo

AF China Bond