The Bangalore-based GMR Infrastructure has set up International Business Division (IBD) with headquarters in London. The mandate for IBD is to look for projects in Europe, North Africa, the Gulf and ASEAN regions in the areas of airport development, energy and highway projects. The company, which had taken a decision last year to expand globally, had confirmed the bid for expansion of Sabiha Gokcen airport in Istanbul after grueling 14-hour tender process in July 2007. The Istanbul project will give it a foothold to look at chances in emerging Europe, North Africa and the Gulf regions. As it secured the concession for developing the Sabiha Gokcen airport, GMR has opened an office in Turkey to explore opportunities in other infrastructure areas.
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