Willing to talk to GMR: Gayoom
New Delhi (PTI): Nearly seven months after GMR's over $500 million Male airport project was terminated, former President and key political player...
New Delhi (PTI): Nearly seven months after GMR's over $500 million Male airport project was terminated, former President and key political player Maumoon Abdul Gayoom says his party is open to do business with the Indian infrastructure major if it comes back to power. Blaming former President Mohamed Nasheed for inking a faulty contract with GMR resulting in its termination, Gayoom, who was here last week, said he has assured top Indian leadership including Prime Minister Manmohan Singh that all bilateral, regional and international commitments will be respected by his government. "The fault lies with the former President Nasheed because he entered into this agreement against the law. Our constitution and law says he should seek and get parliamentary approval because he enters into such an agreement. He kept the parliament and public in dark," Gayoom said. He said there was lot of public unhappiness when certain provisions of the contract came to light which, he said, was against the interest of his country. "I don't blame GMR for that. I blame my government, I blame Nasheed for doing it against the law," he said. Asked if he, who is confident of his party PPM coming back to power in September Presidential elections, was willing to look at GMR if it comes with a fresh proposal, he said, "everything is possible". "Of course, if you look at investors, whether it is GMR or TATA or whoever, anybody who wants to invest in Maldives, we will talk to them. And if you can come to arrangement which is good for both sides and is not harmful to any one side, we will of course welcome that," he said. Asked about the implications of the forced exit of GMR from Maldives that has eroded investor confidence, he said, "I have assured everyone who I met here that in the PPM government, we will give full assurance to foreign investors. We will protect all foreign investments. We will honour our commitments," he said.
14 Dec 2019 1:58 PM GMT