GMR-Megawide lowest bidder for $250 mn project
The GMR Group on Friday said it along with its partner Philippines-based Megawide Construction Corporation emerged as the lowest bidder for the $ 250 million Clark International Airport project in the southeast Asian nation.
By : migrator
Update: 2017-12-15 18:08 GMT
Chennai
Clark airport is being developed by Government of Philippines through a hybrid model with EPC and O&M tenders being issued separately.
According to a statement issued by GMR, the EPC project scope involves design, construction, testing and commissioning of a new terminal with a capacity of eight million passengers per annum.
The consortium will construct the integrated terminal along with specified landside facilities like car parks. The Consortium expects to receive the Notice of Award within one week, it said.
Clark International Airport, formerly known as the Diosdado Macapagal International Airport, is in Pampanga province of Philippines and is about 100 km from the capital Manila. This is the second airport project which GMR Group will be developing in Philippines along with Megawide Construction Corporation, with the consortium already operating the Mactan Cebu International airport, the secondlargest airport of Philippines which handles 10 million passengers annually.
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