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Indonesia

Indonesia After establishing itself as a major player in the airports sector in India, GVK is expanding its wings to mark its presence in the global arena.

With immense tourism potential, the Government of Indonesia is focused on developing and investing in new airport infrastructure across the country. To take advantage of this opportunity, GVK has embarked on developing two prestigious airport projects in Indonesia that will showcase GVK’s technical and infrastructural expertise in bringing reliable airport infrastructure that would also promote economic growth across the region.

GVK has signed a MoU with the Govt of Indonesia for developing an international greenfield airport in Yogyakarta in central Java. This is an agreement between Angkasa Pura Airports (the Government of Indonesia owned Airport Operations and Management Company) and GVKPIL.

GVK has also signed an operations and management contract with The Airports Authority of Indonesia (Angkasa Pura Airports (AP1)), Indonesian government airport operator to manage non-aeronautical commercial operations at Bali (Denpasar) International Airport under a five-year operations and management contract with a first right of refusal to GVK on extension of the contract. This project includes the existing terminals and the new international terminal which is currently under construction. With a major revamp, it is expected to become operational next year.

 

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