India’s GMR Group keen to support Marcos’ Build Better More program
MANILA, Philippines — India’s infrastructure conglomerate giant GMR Group expressed interest in investing in the Marcos administration’s Build Better More program, the Presidential Communications Office (PCO) said.
This, as Marcos engaged in a meeting with officials from GMR Group in New Delhi on Wednesday as part of his five-day state visit to India.
READ: Marcos says India state visit ‘one of the most productive’ trips
“GMR is particularly looking at investments in airport and energy projects, including the Sangley Airport project,” the PCO said in a Facebook post.
“The group is also eyeing the upcoming bids for regional airports expected to open later this year, as well as other infrastructure projects in the country,” it added.
READ: Marcos formalizes Philippines’ strategic partnership with India
Meanwhile, in a CEO Roundtable Meeting with Indian Business Leaders on the same day, Marcos renewed his call for a Philippine-India Preferential Trade Agreement (PTA), which he described as a “strategic platform” to harness both countries’ strengths and elevate their economic partnership.
The President noted that the government is “ready to act” and will work closely with its Indian partners to translate “priorities into real opportunities.”
On Thursday, Marcos and his delegation will fly to Bangalore, tagged as the “Silicon Valley of India,” for more business forums and meetings with various business leaders. They will return to Manila the next day. /cb