Kualanamu International Airport
GMR Airports Netherlands B.V., a 100% subsidiary of GMR Airports
Limited (GAL) has signed the Shareholders’ Agreement (SHA) and
Share Subscription Agreement (SSA) with Angkasa Pura II (AP II)
for the development and operation of Kualanamu International
Airport (Project) in Medan, Indonesia. With the signing of the
agreements, GMR enters into 49:51 partnership with APII, the
state owned enterprise and the bidding authority for the
Kualanamu International Airport. The consortium aims to
transform Kualanamu International Airport into Western
International hub of Indonesia.