GMR secures $480m loan for Vizag airport project

In:

Transport

Region:

Asia-Pacific

GMR Airports has secured a INR40 billion ($480 million) loan from India Infrastructure Finance Company (IIFCL) for a greenfield airport at Vizag, Andhra Pradesh.The new airport is being built on the outskirts of Bhogapuram and will be GMR's fourth major airport in the country after Delhi,...

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