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GMR to spend $700 mn for airport projects in Philippines, Goa

GMR to spend $700 mn for airport projects in Philippines, Goa

 Diversified group GMR today said it plans to spend USD 700 million on airport projects in Cebu, the Philippines and Goa in a little over three years.

`Maldives has authority to take back airport project from GMR`

Dealing another blow to infrastructure firm GMR’s hopes, a Singapore court on Thursday ruled that the Maldives Government can take back the Male International Airport from the private firm.