Airport city strategy drives privatisation of Kuala Lumpur airport
It is not unusual for the stock market-listed Malaysia Airports Berhad (MAHB) to be approached by the private sector to take one or more of its 39 Malaysian airports under some form of concession arrangement.
But a recent proposal from a Malaysian businessman with a background in real estate has a different spin on it, because the development of an airport city is at its heart. It helps that MAHB has already committed to invest there.
That suggests the reality may amount to much less than the vision.
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