India’s GMR group close to winning contract for $250M Clark airport


GMR Group in consortium with Megawide Construction Corporation has emerged as the preferred bidder for Clark International Airport EPC tender having submitted the most competitive financial bid. Clark airport is being developed by Government of Philippines through a hybrid model with EPC and O&M tenders being issued separately.

GMR expects to get a final order from the government of 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.

“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. 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.

This is the second airport project which GMR Group will be developing in Philippines along with Megawide Construction, with the consortium already operating the Mactan Cebu International airport, the second largest airport of Philippines which handles 10 million passengers annually.

GMR also runs the country’s biggest airport by traffic in Delhi under GMR Airports Ltd, a unit of GMR Infrastructure Ltd, besides Hyderabad. It has also won rights for new airports in Goa and Greece.