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GMR Airports to develop Kastelli airport in Greece

Posted By: Doraiah Vundavally June 7, 2017

GMR Airports to develop Kastelli airport in GreeceNew Delhi, June 7 (IANS) GMR Airports on Wednesday said that it has been selected to develop, operate and manage the new international airport of Kastelli on Crete Island, Greece. The company is a subsidiary of GMR Infrastructure.

According to the firm, it has bagged the project in partnership with Greek infrastructure major TERNA S.A.

"GMR Airports will be the designated airport operator in the consortium for this project," the company said in a statement.

 

The company added that the concession period for the greenfield project will be 35 years, including phase one construction of five years.

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

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GMR Airports to develop Kastelli airport in Greece

About VDC

Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.