Macquarie looking to invest in Taipei's Chiang Kai Shek Airport


SYDNEY (Centre for Asia Pacific Aviation) - Macquarie Bank is reportedly considering plans to invest up to TWD200 billion for an undisclosed shareholding in Taipei Chiang Kai Shek International Airport.

The profitable airport reported revenue of TWD11.8 billion in 2004. The move is related to a Civil Aeronautics Administration proposal to privatise 18 government-owned airports in Taiwan. A report will be released shortly, but any move is subject to government approval.

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