GMR Infrastructure is all set to file a technical bid for developing the $425 million Mactan-Cebu International Airport project in the Philippines, with its partner Megawide Construction Corp. It has to file technical bid first and later the financial bid for the project. The successful bidders will be given a 20-year concession contract to operate. The project will be complete in two phases.
As per the bid document, the Mactan-Cebu airport project involves construction of a passenger terminal building with a capacity of eight million passengers annually. It also envisages renovation and expansion of the old facilities, installation of the required equipment and operation of both the old and new facilities.
