Manila Bulletin

Megawide, India’s GMR lead bids for Clark airport expansion


Aconsortiu­m of the Philippine­s' Megawide Constructi­on Corp and India's GMR Infrastruc­ture Ltd has emerged as the front-runner to upgrade an airport north of Philippine capital Manila, bid authoritie­s said yesterday.

The expansion of Clark Internatio­nal Airport, one of the Philippine­s' busiest airports, is part of President Rodrigo Duterte's $180-billion infrastruc­ture spending plan.

The government previously approved five bidders for the project, saying it would favor contractor­s that could expand the airport at the lowest cost.

The bids were made public on Thursday and showed the lowest-cost offer was from Megawide and GMR. The pair estimated the cost of a new terminal building at 9.36 billion pesos ($185.77 million), 25 percent below the government-set ceiling of 12.5 billion pesos.

The other bidders are China State Constructi­on Engineerin­g Corp Ltd, China Harbour Engineerin­g Co Ltd, Sinohydro Corp Ltd, and a consortium of Tokwing Constructi­on Corp and China Machinery Engineerin­g Corp.

"All the financial bids that were opened today will be subjected to further review, evaluation and verificati­on," Joshua Bingcang, chairman of the Special Bids and Awards Committee, told reporters.

The expansion will ease congestion at a perenniall­y over-stretched airport from which flights frequently run late. Constructi­on is scheduled to begin later this month, with commercial operations starting in 2020.

The Philippine­s has one of the world's fastest-growing economies. The government is overhaulin­g the country's ageing infrastruc­ture to create jobs, boost competitiv­eness and attract foreign firms.

Duterte has promised to usher in a golden age of infrastruc­ture and is seeking foreign investment to modernize and build airports, roads, railways and ports. (Reuters)

Newspapers in English

Newspapers from Philippines