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GMR Infrastructure gets favourable judgement in Supreme Court of Philippines

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Capital Market
Last Updated : Feb 02 2016 | 2:01 PM IST

For the award of Mactan-Cebu International Airport project to GMR - Megawide Consortium

GMR Infrastructure announced that the Supreme Court of Philippines has upheld the decision of the Department of Transportation and Communications to award the Mactan-Cebu International Airport project to GMR Infrastructure and Megawide Construction Corporation consortium.

The Phileppines apex Court's decision, which was announced by the Supreme Court Public Information Office, clears any overhang that existed on the GMR led consortium and paves the way for expeditious implementation of the modernisation and expansion project for Cebu airport.

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First Published: Feb 02 2016 | 12:27 PM IST

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