In the Philippines, India’s GMR Infrastructure company is learnt to have filed qualification documents for a formal bid to develop 17.5-billion peso ($425 million) Mactan-Cebu International Airport project. The documents have been filed by GMR in a consortium with local Megawide Construction.
The consortium is competing with six other groups, including that of Singapore’s Changi Airport International and Switzerland’s Zurich Airport International, for qualification. Results of eligible firms for putting final bids are expected in the next 15-20 days. Meanwhile, Philippines’ Department of Transportation and Communications was quoted in the local media as saying that 7 firms/consortia, including GMR, have submitted the documents.
Early this month, Megawide had said it has tied up with GMR to bid for the project. Megawide, a leading local construction company, was one of the 11 firms that bought bid documents for the Mactan-Cebu International Airport (MCIA) project, which has the second largest traffic in the Philippines. The Mactan-Cebu airport project involves construction of a passenger terminal building with a capacity of eight million passengers per year.
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