- Japan grants aid of 200 million Yen to Maldives
- Germany grants 3 million Euro project to support for climate neutrality strategy of the Maldives
- President Yameen and First Lady accept invitation for an official visit to Japan
- Postage Stamp Museum inaugurated
- We will seek out drug dealers from which ever country they hide- Home Minister
- Govt wants to reduce taxi fares- Minister
- MDP halted issuing of reports exposing corruption- Riyaz
- Vice President calls for greater private sector engagement for effective health care delivery
- An individual suspected of being involved in large scale drug trafficking arrested
- President highlights bilateral cooperation between Maldives and Japan
- Shifag underscores importance of strengthening JP to achieve international success
- We will make our services agreeable for the people – Islamic Minister
- Kidney diseases and cancer treatments to be provided from the islands- Dr. Shakeela
GMR proposes two options to exempt Maldivians from ADC
GMR Male International Airport Pvt. Ltd has proposed two options to exempt Maldivians from paying Airport Development Charge (ADC).
In a statement issued yesterday GMR said that the company has expressed a desire to exempt Maldivians from ADC. They said that this is because the majority of Maldivians travel abroad for the purposes for healthcare and education. GMR added that the company has therefore offered the following options to the government to accommodate this desire and is awaiting a response from the government.
GMR stated that the first option is that all Maldivian passport holders will be exempted from paying ADC while every departing foreign passenger will have to pay an ADC of USD 28.00.
The second option offered by the company is that all Maldivians travelling to SAARC countries will be exempted from paying ADC but every Maldivian Passport holder departing to countries other than SAARC and every foreign passenger will pay an ADC of USD 27.00.
GMR emphasized that ADC will not be charged for domestic travel in any of the two options proposed by the company, either from foreigners or from Maldivians.
GMR noted that the implementation of the ADC in the Maldives was conceptualized and incorporated into the concession agreement by the government, to yield a maximum return to the Maldives while ensuring development of the airport and a reasonable return to the successful bidder.
The company stated that they are sensitive to the apprehensions expressed regarding ADC; and would like to assure all concerned that the management of GMR is doing everything possible by offering viable options to reduce the impact on the Maldivians, thereby helping the Government for the ADC implementation.
Meanwhile, GMR is a Bangalore, India headquartered global infrastructure major with interests in Airports, Energy, Highways and Urban Infrastructure sectors. It has successfully employed the public-private partnership model to build a portfolio of high quality assets. The Company has 16 power generation assets of which 5 are operational and 11 are under various stages of implementation and 10 Road assets, of which 6 are operational and 4 are under construction. In the Airports sector, it has developed and commissioned the Greenfield International Airport at Hyderabad. The Company, besides operating the existing Delhi International Airport, has also built a brand new integrated terminal T3 which was commissioned in time for the Commonwealth Games in October 2010. It has also upgraded and is operating the Istanbul Sabiha Gökçen International Airport and has won the concession to build and operate the Ibrahim Nasir International Airport, Male’. GMR Group is also committed to social development initiatives and executes these through its Corporate Social Responsibility arm, the GMR Varalakshmi Foundation which is present in 22 locations.