A Singapore court has stayed the Maldives Government’s decision to scrap the contract awarded to the GMR-led consortium for modernising the Male international airport, media reports said on Monday. The contract signed between the Maldives government the Bnagklroe-basd GMR state that in case of any dispute, either party can approach the courts in Singapore or United Kingdom to seek redressal. Last week, Maldives’ Attorney General Aishath Azima Shakoor had revealed that the island nation had decided to annul the June 28, 2010, agreement that awarded the GMR group the contract to manage the Ibrahim Nasir International Airport in Male for 25 years.The GMR Male International Full Story Relief to GMR,
Full Story Relief to GMR, Singapore Court stays Maldives decision
via WordPress http://www.news365media.com/business-news/relief-to-gmr-singapore-court-stays-maldives-decision/
No comments:
Post a Comment
Note: only a member of this blog may post a comment.