Indian-Greek venture offers 480 million euros to build new Heraklion airport

Reuters — A joint venture of India’s GMR Infrastructure  and Greece’s construction group GEK TERNA  offered 480 million euros  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.