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.
Delhi International Airport was formed as a joint venture between GMR Group, Airports Authority of India, and Fraport AG & Eraman Malaysia. The business believes in creating passenger delight every time they fly and this has been reflected in every facet of the airport.
GHIAL is promoted as a joint venture comprising of the GMR Group in partnership with Airports Authority of India , Government of Telangana and Malaysia Airports Holdings Berhad . The strategically located Airport is well set to establish the city prominently on the global aviation map, thereby contributing to the prosperity, growth and all round economic development of the region
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