GMR close to winning second airport contract in The Philippines
NEW DELHI: GMR Group, in alliance with Megawide Construction Corp., has emerged as the preferred bidder for building Clark International Airport’s new integrated terminal in The Philippines, GMR said in a statement on Friday.
GMR expects to get a final order from the government of The Philippines this week. The mandate will be to be build a new terminal for 8 million passengers for Clark airport, located 100km from Manila.
The project involves design, construction, testing and commissioning of a new terminal along with specified facilities such as car parks.
This will be the second airport project that GMR Group will be developing in the Philippines along with Megawide Construction. The consortium already operates the Mactan Cebu International airport, the second largest the country, handling 10 million passengers annually.
“The Philippines is a focus market for GMR Group and we are confident that this win will further strengthen our position in the Philippines and help us develop a strong base for more airports in South-East Asia. We are close to completing the construction of the new terminal at the Mactan Cebu International airport which will be commissioned in June 2018. 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,” Srinivas Bommidala, chairman (airports) GMR Group, said in a statement.
GMR also runs the country’s biggest airport by traffic in Delhi under GMR Airports Ltd, a unit of GMR Infrastructure Ltd, besides the Hyderabad airport.