GMR Airports wins bid to build, operate airport in Greece; invests over €500 m

GMR Airports Limited, a subsidiary of GMR Infrastructure Limited has announced it has achieved the Concession Commencement Date (CCD) for design, construction, financing, operation, and maintenance of new international airport of Heraklion at Crete, Greece.

Prime Minister of Greece Kyriakos Mitsotakis laid the foundation stone of the airport, marking the beginning of the project.

GMR Airports Limited (GAL) along with its Greek partner GEK TERNA signed the concession pact in February 2019 for Design, Construction, Financing, Operation and Maintenance and Exploitation of the new international airport of Heraklion.