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Tag: cebu
GMRMegawide consortium achieves financial closure for Mactan Cebu Airport
2014-12-22 01:00:00| Airport Technology
A joint venture between GMR Infrastructure (40% shareholding) and Megawide Construction Corporation (60% shareholding), GMR-Megawide Cebu Airport Corporation (GMCAC) has signed financing documents for the Mactan Cebu International Airport in Cebu, Ph
Tags: financial
airport
closure
consortium
Philippines: World Bank clears $141M loan to finance Cebu bus rapid transit
2014-09-27 03:11:00| Climate Ark Climate Change & Global Warming Newsfeed
InterAksyon: The World Bank has approved a $141 million loan to fund the construction of the Philippines' first bus rapid transit (BRT). The financial package -- $116 million of which would come from the World Bank and another $25 million from the Clean Technology Fund (CTF) -- will help finance the construction of a 23-kilometer BRT system along a major transport corridor in Cebu City. The Philippine government will provide counterpart financing amounting to $87.5 million. The corridor runs from Bulacao...
GMR-Megawide signs agreement to develop Mactan Cebu International Airport
2014-04-23 01:00:00| Airport Technology
The GMR-Megawide Consortium has paid PHP14.4bn ($320m) to the Mactan Cebu International Airport Authority in the Philippines as an upfront premium for the award of the concession of the Mactan Cebu International Airport.
Tags: international
agreement
develop
signs
Philippines DOTC awards Cebu airport contract to GMR-Megawide consortium
2014-04-07 01:00:00| Airport Technology
The Philippines Department of Transportation and Communications (DOTC) has awarded the PHP17.5bn ($390m) Mactan-Cebu International Airport Project to the GMR-Megawide Consortium.
Tags: contract
awards
airport
philippines
Philippines Cebu Airport concession deal moves ahead
2013-09-02 01:00:00| Airport Technology
The Philippines Department of Transportation and Communications (DOTC) has approved the concession deal for the first airport held in a public private partnership (PPP), paving way to start the bidding process for the PHP17.5bn ($393m) Mactan-Cebu Ai
Tags: deal
ahead
airport
philippines