Multinational airport operator GMR Airports eyes NZ opportunities

Multinational airport operator GMR Airports eyes NZ opportunities
As regulated monopoly businesses, airports are loved by investors. (Image: NZME)
Oliver Lewis
One of the largest private airport operators in the world has registered its interest in New Zealand by applying for and passing an overseas investor test.On Dec 4 last year, Toitū Te Whenua Land Information NZ (LINZ) issued a decision finding GMR Airports International BV and GMR Airports Ltd suitable investors in NZ under the Overseas Investment Act.GMR Airports, branded as GMR Aero, claims to be the only Indian airport operator to have developed and operated airports outside India.According to its website, the company operates seven air...

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