'GMR participated in Male project as bidding was transparent'

T. E. Raja Simhan Updated - March 12, 2018 at 04:27 PM.

A file photo of GMR Group Chairman, G.M. Rao.

GMR Infrastructure participated in the Male airport project because it was a transparent bidding, said its Chairman G.M. Rao.

Speaking to news persons on the sidelines of TiECON 2012, he said that the Male airport gave lots of experience and “we will participate wherever there is a transparent bidding. This project was made as success story by IFC.’’

Rao’s comments came in the backdrop of the Maldivian Government terminating the Male airport project.

The company has moved the Singapore High Court against the decision. As per the project contract, in case of any difference between the two parties, the law of either Singapore or UK would apply.

Published on December 4, 2012 06:12