JAKARTA : A 170.6 billion pesos ($3 billion) project to modernise the main international airport in the Philippines has attracted three potential bidders, including India's GMR Group, the Philippine transportation secretary said on Wednesday. Ranked among the world's worst international gateways, the agin
JAKARTA : A 170.6 billion pesos project to modernise the main international airport in the Philippines has attracted three potential bidders, including India's GMR Group, the Philippine transportation secretary said on Wednesday.
Bautista said the government would try to find overseas investors through two roadshows, in Singapore next week and in Paris in the third week of September, before opening bidding in the last week of December, and naming a winner in January. The secretary presented the five projects during a business matching event on Wednesday on the sidelines of an ASEAN business summit. No deals had yet been agreed at this early stage, he said.
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