GMR based Megawide Construction lowest bidder for USD 250-million airport project in Philippines

The GMR Group said it along with its partner Philippines-based Megawide Construction Corporation emerged as the lowest bidder for the USD 250 million Clark International Airport project.
Vehicles cross through an underpass constructed by GMR Infrastructure that connects to the airport in New Delhi, May 13, 2013. (File | REUTERS)
Vehicles cross through an underpass constructed by GMR Infrastructure that connects to the airport in New Delhi, May 13, 2013. (File | REUTERS)
Updated on
2 min read

HYDERABAD: GMR  Group in alliance with Megawide Construction Corporation has emerged  as the preferred bidder for developing $250 billion Clark International Airport in the  Philippines. The new integrated terminal in Philippines is being developed by government of Philippines through a hybrid model with  EPC and O&M tenders being issued separately.

The EPC project’s  scope involves design, construction, testing and commissioning of new  terminal with a capacity of eight million passengers per annum. The consortium will construct the integrated terminal along with specified  landside facilities such as car parks. The consortium expects to receive  the Notice of Award within one week, said a press release from GMR Group on Friday.

This is the second airport project, which GMR  Group will be developing in the Philippines along with Megawide Construction  Corporation, with the consortium already operating the Mactan Cebu  International airport, the second largest airport of Philippines which  handles 10 million passengers annually.

The new terminal building of Clark Airport, situated about 100 km from Manila, will have a capacity of 8 million passengers per annum.

“Philippines is a focus market for GMR Group and we are confident that  this win will further strengthen our position in Philippines and help us  develop a strong base for more airports in South East Asia region. We  are close to completing the construction of the new Terminal at the  Mactan Cebu International airport which will be commissioned in June  2018,” said Srinivas Bommidala, chairman, airports, GMR Group.

“With the local supply chain expertise we have developed over the  past couple of years, we are confident that we will be able to deliver  Clark international airport project in a cost effective manner.” GMR Group operates the Indira Gandhi International Airport in New Delhi and has won the concession to develop and operate Goa’s Greenfield Airport at Mopa.

X
The New Indian Express
www.newindianexpress.com