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    HomeNewsBusinessIndian-Greek venture offers 480 mn euros to build Crete airport

    Indian-Greek venture offers 480 mn euros to build Crete airport

    The venture submitted last year the sole bid to build the new airport at Kasteli, a public-private partnership project.

    April 12, 2017 / 12:56 IST
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      A joint venture of India's GMR Infrastructure and Greece's construction group GEK TERNA offered 480 million euros (USD 509.42 million) to build a new airport on the island of Crete, sources close to the project said on Wednesday.

      The venture submitted last year the sole bid to build the new airport at Kasteli, a public-private partnership project.

      "The financial offer was unsealed on Tuesday," one of the sources told Reuters on condition of anonymity.

      first published: Apr 12, 2017 12:41 pm

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