Expanding its footprint overseas, the aviation infrastructure major GMR Infrastructure Limited’s subsidiary, GMR Airports Limited (GAL) won the bid to develop and operate the Kualanamu International Airport (Medan Airport) in Medan, Indonesia.
The group will tie up with the state-owned enterprise, Angkasa Pura 2 (AP2) on a 49:51 basis.
The consortium will transform Kualanamu International Airport into the Western International hub of Indonesia.
As per a press statement issued by the company, Medan is the fourth-largest urban area in Indonesia and is the capital of North Sumatra province.
“The airport handled more than 10 million passengers in 2018. Kualanamu International Airport is an operating Airport with healthy cash flows,” it read.
