50 acre business development at Hulhule: GMR

A 50 acre business centre is proposed for Hulhule, north of the present Male International Airport, reports Haveeru.

“Our idea is to make that land a business centre of the Maldives. It was proposed based on our experience and the recommendations of US experts. If the government and the public want it, we are ready to do it,” said P Sripathy, CEO of GMR Hyderabad International Airport Limited.

There are many business opportunities in that area, he said. “For instance, people would be surprised if we say it is a mini transhipment hub. Many international flights, including large aircraft, land there. So cargo is being transited through Maldives from Colombo and other places. There are noticeable aspects there. The place holds value.”

The new terminal would be constructed north of the runway, according to Sripathy. “First phase of the new terminal will commence on a 45,000 square-metre area of land. The number of aircraft that can use the terminal per hour will increase once the runway is developed and the parking and taxi areas are expanded,” he added.