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They also pointed out that most global investors have "little or no experience" in developing or operating airports. With global economic conditions remaining uncertain, governments across the world were more reluctant to spend cash on infrastructure
Indian infrastructure company GMR, which was forced to hand over Male airport to the Maldives government last Saturday, is planning to seek compensation of over $800 million from the government of the island state...We will discuss with our lawyers
Font Resize A model of a Gulfstream is on display at the Million Air passenger terminal at the San Bernardino International Airport. (File Photo) View: Court order A U.S. Bankruptcy Court judge on Friday evicted embattled San Bernardino International
This would open up areas for tourism and grow commerce in the country. The infrastructure package amounting to P303 million is a welcome boost for the mprovement of Philippine transportation facilities, she noted. Such initiative would help
P1.816-trillion national budget start today at the House of Representatives, with legislators vowing to pass a reconciled measure before Congress' Christmas break...Aquino III, congressional leaders claimed, would be able to sign the 2012 budget on
Vector Management International Limited, lodged an application for administrative review. Vector contested the bid price of sh791m offered by Gauff Consultants, the best evaluated bidder, for the two projects, arguing that it was unrealistically low.
The public-private partnership (PPP) infrastructure development program will be particularly critical to the current administration's goal of revving up the economy to a higher growth path of 7%-8% until the end of its term in 2016, GlobalSource
No airport fee for passengers, rules SC April 26, 2011 11:32 AM No airport fee for passengers, rules SC : Good news for air passengers. The Supreme Court today quashed the levying of the Airport Development Fee by private airport developers in
Rs 8,975 crore to Rs 12,700 crore, a significant portion of that increase--around Rs 750 crore--was due to the construction of more floor space than originally approved...Rs 3,725 crore. A source in the aviation ministry said the airport developer "
The Philippine government has recently unveiled 10 priority infrastructure projects for year 2011. These projects will be open for private local and foreign