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GMR Infrastructure is looking at emerging markets in South East Asia, South America and the African continent for expanding its airport business, a top company official said.
GMR Infrastructure, the flagship company of infrastructure conglomerate GMR Group, is developing two airport projects abroad, one each in Male and Istanbul.
“We are looking at opportunities for expanding our airport business in the international market. We will be focusing on emerging markets, including South East Asia, South America and several African countries. We have not identified any particular project as of now,” the GMR Chief Financial Officer, Mr A. Subbarao, told PTI here.
The company is also looking at developed countries, including the US, among others, for expanding its airports business, he said.
The BSE-listed company made its maiden international foray by winning the bid to develop the Istanbul Sabiha Gokcen International Airport (ISGIA) at Istanbul, followed by the Male airport project in the Maldives.
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