Indian firm GMR Airports eyes more Indonesian airport investments

GMR Airports Limited, an Indian airport operator, is keen to expand its investments in Indonesia's aviation sector, building on its existing partnership in developing Kualanamu International Airport.

Srinivas Bommidala, Business Chairman of International Airports & Energy at GMR Group, stated that the company is ready to participate in the privatization of other Indonesian airports if the government opens up such opportunities. "If the government opens opportunities for the private sector, we are very interested in participating in the bidding process. Everything depends on the Indonesian government," Bommidala said.

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If the government opens opportunities for the private sector, we are very interested in participating in the bidding process. Everything depends on the Indonesian government.

The company views Indonesia as a strategically important market for its global business and sees potential for expanding its investments. Bommidala highlighted the long-standing historical relationship between India and Indonesia as a strong foundation for economic cooperation.

GMR Airports currently holds a 49 percent stake in PT Angkasa Pura Aviasi, a joint venture with PT Angkasa Pura II, which manages Kualanamu Airport. The partnership aims to develop Kualanamu into a major international aviation hub in western Indonesia and enhance connectivity with South Asia. The airport's terminal capacity is planned to increase from 9 million passengers annually to 65 million by 2047 through phased development.

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We know Indonesia is one of the very important countries, that's why we are interested in increasing investment in Indonesia.