‘In­dia’s grow­ing mar­ket on MAHB radar’

New Straits Times - - Business -

KUALA LUMPUR: Malaysia Air­ports Hold­ings Bhd (MAHB), the world’s third largest air­port op­er­a­tor by pas­sen­ger size, is look­ing at the pos­si­bil­ity of ac­qur­ing some air­ports in In­dia to ride on strong Asian travel de­mand.

Man­ag­ing direc­tor Datuk Badlisham Ghaz­ali said MAHB’s board has ap­proved its fourth pil­lar strate­gic plan to ex­pand in­ter­na­tion­ally by ac­quir­ing new air­ports as well as get­ting more ser­vices-re­lated busi­ness.

“The strat­egy is to tap in­traAsia air travel mar­ket that gen­er­ated the high­est pas­sen­ger traf­fic in the world.

“We are look­ing at a few op­por­tu­ni­ties. Some­times it is not just about one-to-one air­port, but a bas­ket of air­ports. And ac­quir­ing air­ports is not go­ing to be through the nor­mal ten­der­ing process.

“It is about mak­ing rep­re­sen­ta­tion of ca­pa­bil­i­ties, syn­er­gies and value cre­ation as well as whether we can work hand in hand with lo­cal part­ners,” he said af­ter the com­pany’s an­nual gen­eral meet­ing, here, yes­ter­day. Amir Hisyam Rasid

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