GMR Visakhapatnam International Airport Limited (GVIAL), a subsidiary of GMR Airports Limited (GAL), is developing a Greenfield International Airport at Bhogapuram, Vizianagaram in Andhra Pradesh. This Airport Project is based on the Public Private Partnership (PPP) model, on a Design, Build, Finance, Operate and Transfer (DBFOT) basis.
GVIAL would develop the Airport in stages. Initially the airport will be built to service 6 million passengers per annum and it will be scaled up based on passenger traffic growth. The Airport will offer services catering to domestic and international travel besides cargo.
The proposed GreenField airport site lies on the border of Visakhapatnam and Vizianagaram districts, and is approximately 45 km from Visakhapatnam through NH-16 (Old NH-5) and 25 km from Vizianagaram via NH-43. The site is strategically located on the east coast and stands to get benefitted from the vast catchment area surrounding the region.
GMR Goa International Airport Limited (GGIAL), a subsidiary of GMR Airports Limited (GAL), is developing a...
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GMR Airports Netherlands B.V., a 100% subsidiary of GMR Airports Limited (GAL) has signed the Shareholders’ Agreement (SHA) and Share Subscription Agreement (SSA) with Angkasa Pura II (AP II) for the development and operation of Kualanamu International Airport (Project) in Medan, Indonesia.
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