Pic Courtesy: Web/gmrgroup.in

New Delhi: After submitting a competitive financial bid, GMR group in consortium with Megawide Construction Corporation has emerged as the preferred bidder for Clark International Airport EPC tender. Clark airport which is being developed by government of Philippines through a hybrid model with EPC and O&M tenders aims to provide a better infrastructure and increase the capacity of the new Terminal to eight million passengers per annum.

Further, the consortium will construct the integrated terminal along with specified landside facilities such as car parks. This is the second airport project undertaken by GMR Group in 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.

Expressing happiness on the procurement of the tender, Srinivas Bommidala, Chairman Airports GMR Group said, "We are delighted to have emerged as the preferred bidder for the Clark International Airport EPC. 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."