Sunday, September 07, 2014

GMR venture in Philippines to give wings to airport

Cebu (Philippines): Cebu City in central Philippines is eagerly waiting for Indian infrastructure major GMR to upgrade and renovate its existing airport and build a brand new one to accommodate the ever increasing tourist inflow, a top Philippines official said here.

The $320 million project will ramp up the capacity from 4.5 million passengers annually to 12.5 million.

"We are happy that GMR has got the airport work, and we are eagerly waiting for the airport to be ready," Cebu Vice Governor Agnes Magpale told a group of visiting Indian journalists here.

Cebu airport, called the Mactan Cebu International Airport (MCIA), the second busiest in the Philippines, is set to become brighter, get more seating capacity, more aerobridges and other passenger amenities once the upgrade is over, GMR-Megawide Chief Executive Advisor Andrew A. Harrison promised.

Bangalore-based GMR Infrastructure owns 40 percent in the consortium, with Megawide Construction Corporation of the Philippines as a major partner.
07/09/14 daijiworld.com
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