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GMR to bid for expanison and modernisation of airports in Serbia, Jamaica

The group's airport business is growing and contributes 55-60% to its revenues

Photo:  Wikipedia
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Photo: <b>Wikipedia<b/>

Aneesh Phadnis Mumbai
The GMR group is planning to bid for expansion and modernisation of existing airports in Serbia and Jamaica, as it aims to double airports to 10 under management over the next few years.

"We are looking for opportunities both in India and abroad. We have qualified to bid for Belgrade (Serbia) and Kingston (Jamaica) airports,"  said Sidharth  Kapur, president, GMR airports on Tuesday.

The group will be partnering with a major European construction firm for Belgrade airport. It is an operational airport with over five-million passenger capacity. The concession period will be for 25

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