Privatisation of the airport
On 20 June 2010, the government opened a bidding ceremony for private companies who wanted to manage and develop Malé International Airport. and TAV Airport Holidings-Aéroports de Paris, the bid was won by the consortium between GMR Group and Malaysia Airports who provided Rufiyaa 1 Billion [8] upfront to the government for the lease of the airport. On 28 July 2010, a
public-private partnership in managing the airport was signed between the Maldivian government and officials of GMR Group and Malaysia Airports, leasing the airport to the consortium for 25 years.The consortium's aim is to develop MIA into a global standard airport by the year 2014. In September 2010, GMR registered "GMR Malé International Airport Pvt. (GMIAL)" as the new operator of the airport. On 25 November 2010, MACL officially handed over the aerodrome license of Malé International Airport to GMIAL. MACL will continue to manage the other airports in Maldives.
