GMR group win $700 Mill. Philippines airport contract

The GMR Group plus Megawide consortium has just been awarded a $700 million contract to build and operate the Mactan-Cebu international airport in Philippines. Apart from building an additional terminal and modernizing the airport, the consortium can operate it for 25 years under the contract. The group has 20 days to finish the formalities to seal the deal.

Medaram Jathara

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