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Infrastructure/PPP news in Maldives

Malaysia Airports Holdings divests from Maldives airport

Malaysia Airports Holdings divests from Maldives airport

🕔Apr 5, 2018

Malaysia Airports Holdings Bhd (MAHB) has entered into a share purchase agreement for its entire 23% stake in GMR Male International Airport Ltd (GMIAL). The company expects to gain US$7.3 million from the sale.

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GMR wins arbitration against Government of Maldives; gets compensation of US$ 270 million

GMR wins arbitration against Government of Maldives; gets compensation of US$ 270 million

🕔Nov 2, 2016

GMR Male International Airport Limited (GMIAL), a subsidiary of GMR Infrastructure Limited, has announced it has been awarded compensation of approximately US$ 270 million by the 3 member international arbitral tribunal.

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Maldives Tribunal rules out in favour of GMR Airports

Maldives Tribunal rules out in favour of GMR Airports

🕔Feb 26, 2016

Maldives airport arbitration tribunal has ruled that such damages payable by Government of Maldives to GMR Infrastructure will also include all the sums lent by Axis Bank Singapore to GMR Infrastructure.

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Three Chinese companies submit proposals for Maldives bridge PPP

Three Chinese companies submit proposals for Maldives bridge PPP

🕔Jun 30, 2014

The Government of the Republic of Maldives has received three proposals from Chinese companies to develop the Male'-Hulhule bridge through a PPP project.

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GMR wins tribunal case against Maldives over cancellation of Male airport

GMR wins tribunal case against Maldives over cancellation of Male airport

🕔Jun 24, 2014

GMR Infrastructure announced that an international tribunal has declared its concession agreement to upgrade Male international airport in the Maldives was valid.

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GMR claims $1.4 billion compensation for Maldives airport

GMR claims $1.4 billion compensation for Maldives airport

🕔May 12, 2014

GMR reported in late April that is seeking a US$1.4 billion compensation claim over the Maldives Government decision to terminate the PPP contract to develop Male international airport.

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Deadline extended for Maldives bridge PPP

Deadline extended for Maldives bridge PPP

🕔Jan 9, 2014

The Government of the Republic of Maldives has extended the last date of submission of Expressions of Interest for the DBFMO Male'-Hulhule bridge project.

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Maldives launches tender for bridge PPP project

Maldives launches tender for bridge PPP project

🕔Dec 6, 2013

The Government of the Republic of Maldives represented by the Ministry of Economic Development (MED) has launched a tender to solicit Expressions of Interest from the private sector for the Male'-Hulhule bridge project.

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