INDIA’S GMR Group has expressed interest in investing in the Philippines particularly in airports, roads and energy projects, as the Marcos administration embarks on an ambitious...
INDIA’S GMR Group has expressed interest in investing in the Philippines particularly in airports, roads and energy projects, as the Marcos administration embarks on an ambitious infrastructure development through the “Build Better More” program.
Srinivas Bommidala, chairman of GMR Airports, told Marcos that he is in charge of the group’s international airports and energy, while his brother-in-law, Kiran Kumar Grandhi, chairman of the group, is also in charge of strategy and finance. “Definitely, we need to improve the capacity that serves Manila. Sangley, the one of Ramon Ang. Anything you build it will get full. I don’t worry, all my experience in major infrastructure, you think its overcapacity, three years later you’ll build some more,” Marcos said of the Philippine airports.
Marcos expressed hope that GMR can apply all its experiences and expertise in its Philippine participation on various major projects.
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