GMR, GVK in the race for airport contract in Philippines
GMR and GVK are among other firms in the race for a contract of Clark International Airport (CIA) in the Philippines. The contract bids are for operations and maintenance (O&M) of the airport
GMR and GVK are among other firms in the race for a contract of Clark International Airport (CIA) in the Philippines. The contract bids are for operations and maintenance (O&M) of the airport. A pre-bid conference was held on May 21 to find prospective bidders in Taguig city, according to a statement released by Bases Conversion and Development Authority (BCDA) of Philippines. A total of 30 prospective bidders reportedly attended the pre-bid conference. Clark International Airport, formerly known as the Diosdado Macapagal International Airport, is about 100 kilometre from the capital Manila.
Clark International Airport last year awarded a GMR group company, along with its partner, a $250 million EPC (engineering, procurement, construction) contract. BCDA in a statement said, “Among those procured bid documents for the airport’s O&M include Megawide-GMR Consortium, Metro Pacific Investment Corporation (MPIC), Filinvest Development Corporation, GVK Airport Developers Ltd, and Groupe ADP.”
GMR is a major player in the Infrastructure Sector, with many big projects in India and abroad. Headquartered in New Delhi, the infra major has been developing projects in high growth areas such as airports, energy, transportation and urban infrastructure. GMR Group currently owns and operates Delhi International Airport and Hyderabad International Airports. The Group is developing Goa’s greenfield airport at Mopa. GMR Group is also the only Indian airport developer to have developed and operated airports outside India.
GVK is one of India's largest private sector airport operators handling Chhatrapati Shivaji International Airport, Mumbai, and 2 more in Indonesia.