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Megawide-led consortium submits highest bid for Mactan airport

Megawide-led consortium submits highest bid for Mactan airport

12 December 2013, Rappler.com by Cherrie Regalado   GMR Infrastructure and Megawide consortium submitted the highest bid for the Cebu Mactan International Airport deal. The consortium offered a P14.4-billion premium bid for the Cebu Mactan International airport expansion project. All other bidders submitted premium bids as well. “A premium bid is when companies pay the government to... continue reading

Megawide and India’s GMR make highest bid for Mactan-Cebu airport project

Megawide and India’s GMR make highest bid for Mactan-Cebu airport project

12 December 2013, GMA News   Megawide Construction Corp. and partner GMR of Bangalore, India bested investors led by SM Group, Ayala Corp., San Miguel Corp., JG Summit Holdings Inc., and Metro Pacific Investments Corp. by bidding P14.404 billion to take on the Mactan-Cebu International Airport expansion project. The consortium GMR Infrastructure of India-Megawide made... continue reading

Megawide-led group set to bag airport PPP

Megawide-led group set to bag airport PPP

12 December 2013, Business World MEGAWIDE Construction Corp. and India’s GMR Infrastructure Ltd. are likely to bag the P17.5-billion Mactan-Cebu International Airport (MCIA) project, the largest public-private partnership (PPP) deal offered so far by the government.  The consortium beat six others including the country’s top conglomerates, offering a premium of P14.4 billion for a 25-year... continue reading

Megawide group tops Mactan airport bid

Megawide group tops Mactan airport bid

13 December 2013, The Philippine Star by Lawrence Agcaoili   The tandem of Filipino-owned Megawide Construction Corp. and Bangalore-based airport operator GMR has topped the bidding for the Mactan Cebu International airport terminal project, edging out  several conglomerates led by San Miguel Corp., Ayala Corp., JG Summit Holdings Inc., SM Group, and Metro Pacific Investments... continue reading

GMR-Megawide Group tops bid for P17.5-B MCIA PPP project

GMR-Megawide Group tops bid for P17.5-B MCIA PPP project

12 December 2013, Manila Bulletin by Kris Bayos   All seven bidders vying for the P17.5-billion Mactan-Cebu International Airport (MCIA) Development Project are offering to pay government hefty premium payments aside from investing in the costly construction of a new passenger terminal building. The technical proposals of the seven bidders have passed the stringent evaluation... continue reading

Megawide-led group tops bidding for Mactan airport project

Megawide-led group tops bidding for Mactan airport project

12 December 2013, InterAksyon.com by Darwin Amolejar   The group led by Megawide Construction Corp has topped the bidding for the P17.5-billion Mactan Cebu International Airport Terminal Project, the biggest public-private partnership (PPP) airport venture of the Aquino administration. During the opening of bids held today at the Department of Transportation and Communications (DOTC), GMR-Megawide... continue reading

Megawide, Indian partner submit best bid for Cebu airport

Megawide, Indian partner submit best bid for Cebu airport

12 December 2013, ABS-CBN News   A consortium led by Megawide Construction and New Delhi airport operator GMR Infrastructure submitted the best bid for the Mactan-Cebu International Airport project. The consortium composed of Megawide Construction and GMR Infrastructure, which operates airports in India, Turkey and Maldives, submitted the highest bid of P14.40 billion. Megawide chief... continue reading

Megawide-GMR may bag P17.5B PPP deal

Megawide-GMR may bag P17.5B PPP deal

13 December 2013, Philippine Daily Inquirer by Miguel Camus   Consortium ahead in bid for Mactan Cebu airport contract The consortium of Megawide Construction Corp. and India’s GMR Infrastructure Ltd. is the frontrunner for a P17.5-billion deal to operate and expand Mactan Cebu International Airport, the country’s second-busiest air facility. The consortium is ahead of... continue reading

Hospital PPP awarded, airport deal next

Hospital PPP awarded, airport deal next

11 December 2013 , Business World   The sole bidder for a hospital project under the government’s public-private partnership (PPP) program has bagged the deal. Health Undersecretary Teodoro J. Herbosa yesterday said a notice of award had been issued to the Megawide Construction Corp.-World Citi, Inc. consortium, which in June submitted the only offer for... continue reading

GMR-Megawide Submits Best Bid for PH First Airport PPP

GMR-Megawide Submits Best Bid for PH First Airport PPP

PRESS RELEASE 12 December 2013 The consortium of India’s GMR Infrastructure and the Philippines’ Megawide Construction submitted the best bid for the country’s first airport public-private partnership (PPP) project. It was revealed during the financial bid opening of Department of Transportation and Communications (DOTC) that all seven bidders for the PhP 17.5 Billion Mactan-Cebu International... continue reading