Maldives Male International Airport
One of 3,961 projects Taiyo tracks in Maldives.
Source: World Bank Group
On June 29, 2010 the Government of Maldives awarded a 25-year concession to consortium of GMR Infrastructure Limited GMR,[India,77%]and Malayasia Airports Holding Berhad(MAHB,[Malayasia, 23%] to operate and expand the Male International Airport. Three bidders competed for the concession: TAV Airports Holdings(Turkey)with Aéroportde Paris Management(France); Flughafen Zurich AG(Switzerland)and GVK
- Status
- Failure
- Sector
- Airport, Aerospace & Defense, Government, Commercial
- Location
- Maldives
- Updated
- 22 Jul 2026
- Source
- World Bank Group
ConstructChat
Ask ConstructChat about Maldives Male International Airport
Pick a question to edit it, or write your own.
First answer free · no account
Project Information FAQ
Project Information
Participants
Sponsoring Agency |
Status
Original status | Cancelled |
Taiyo status | Failure |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | On June 29, 2010 the Government of Maldives awarded a 25-year concession to consortium of GMR Infrastructure Limited GMR,[India,77%]and Malayasia Airports Holding Berhad(MAHB,[Malayasia, 23%] to operate and expand the Male International Airport. Three bidders competed for the concession: TAV Airports Holdings(Turkey)with Aéroportde Paris Management(France); Flughafen Zurich AG(Switzerland)and GVK Infrastructure Ltd.(India). The Net Present Value of upfront fees as well as the reneue share of fuel and non fuel revenues were the bidding criteria. The total project cost was approximately US $400 milion to build a new passenger that was carbon-neutral. Additionaly, US $78 million were to be paid in upfront fees. The project reached financial closure and was subsequently handed over to the winning consortium on November 29, 2010 when the winning consortium raised US $500 million with approximately 75% debt and 25% equity. |
Original sector | Transport |
Procurement method | |
Budget |
Location
Country | Maldives |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Airport, Aerospace & Defense, Government, Commercial |
Article published date | 2024-10-01 |
Research
Free account
View all details
You are reading the public part. A free account opens the rest:
- Every detail on this project
- News and media coverage
- Technical research
Free account · no card · lands you back on this project