Male International Airport leasing deal signed after Maldives government appoints four new MAC board members

The Maldives government signed the 25 year lease agreement with India’s GMR Infrastructure today after appointing four new members to the Maldives Airport Company board ,according to Haveeru.

The signing ceremony came hours after the Majlis passed an amendment to the Public Finance Act, specifying that state assets could only be leased or sold with the approval of the Majlis.