Megawide-GMR hopes to regain original status

The consortium of Megawide Constructions Corp. and India-based GMR Infrastructure have formally appealed to overturn the revocation of its original proponent status (OPS) for the Ninoy Aquino International Airport (NAIA) rehabilitation.

In a letter dated December 21 penned by Megawide-GMR Consortium representative Manuel Louie B. Ferrer, the group stressed the decision to cancel its OPS was “based on an incomplete set of facts/documents” since the additional paper backing its financial muscle was not considered when the decision of the Manila International Airport Authority (MIAA) was made.