GMR Visakhapatnam International Airport Limited, India
GMR Visakhapatnam International Airport Limited (GVIAL), a subsidiary of GMR Airports Limited (GAL), is developing a Greenfield International Airport at Bhogapuram, Vizianagarm in Andhra Pradesh. This Airport Project is based on the Public Private Partnership (PPP) model, on a Design, Build, Finance, Operate and Transfer (DBFOT) basis.
GVIAL would develop the Airport in stages initially, to service about 6 million passengers per annum and the airport will be scaled up based on passenger traffic growth. The Airport will offer services catering to domestic and international travel besides cargo.
The proposed greenfield airport site lies on the border of Visakhapatnam and Vizianagaram districts, and is approximately 45 kms from Visakhapatnam through NH-5 and 25 kms from Vizianagaram via NH-43. The site is strategically located on the east coast and stands to get benefit from the vast catchment area surrounding the region.